Governance structure
42.79% voting rights ownership ratio, directly held) and NITTO CAPITAL PTE.LTD. (42.79% voting rights ownership ratio, combined and indirectly held
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
SUNRISE ORIENTAL CAPITAL PTE. LTD.'s voting rights ownership ratio fell from 22.22% to 17.77%, and it ceased to qualify as an other affiliated company.
| Item | Details |
|---|---|
| Controlling shareholder | 日東株式会社 (42.79% voting rights ownership ratio, directly held) and NITTO CAPITAL PTE.LTD. (42.79% voting rights ownership ratio, combined and indirectly held) |
| Changes this time | SUNRISE ORIENTAL CAPITAL PTE. LTD.'s voting rights ownership ratio fell from 22.22% to 17.77%, and it ceased to qualify as an other affiliated company. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.SUNRISE ORIENTAL CAPITAL PTE. LTD.'s voting rights ownership ratio fell below 20%. After considering its substantive influence, including personal and business relationships, it was determined that the company was no longer in a position to exert a significant influence over our decision-making.