Notice Concerning Board of Directors' Position for Submission in EGM - Fujitec

KUALA LUMPUR, Feb 7 (Bernama) -- Fujitec Co Ltd disclosed in the “Notice Concerning a Shareholder’s Request for the Convocation of Extraordinary General Meeting (EGM) of the Shareholders” dated Dec 6, 2022, that it received a request from Oasis Japan Strategic Fund Ltd (the Proposing Shareholder) to convene an EGM of the shareholders (the Request).

“We hereby notify you that the following resolutions, which will be included as agenda items at the upcoming special meeting of the shareholders with a record date of Dec 31, 2022 to exercise their voting rights (the EGM of the Shareholders), were adopted at the board of directors meeting on Jan 20, 2023.

“The board has resolved that the Company’s proposal (Agenda Item 1) shall be submitted, and that, after careful consideration, all of the Proposing Shareholder’s proposals (Agenda Item 2 through Item 7), shall be opposed (the Opposing Opinion) during the EGM of the Shareholders,” said Fujitec in a statement.

Details and further information regarding Company’s Position and the Opposing Opinion are disclosed on Fujitec’s website at https://www.fujitec.com/announcement/3082.

-- BERNAMA