Governance structure
parent company, indirectly holding 50.56% of voting rights). ZENITH LOGISTICS LIMITED (47.19% voting rights ownership), Advance Pacific Holdings Limited (47.19%), TC Motor Pacific Limited (47.19%), and SBSホールディングス株式会社 (20.56%) are also listed.
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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Number of directors | 9 directors, of whom the number of outside directors is Not disclosed |
| Committee | Advisory committee (voluntary body). The proportion of outside members is Not disclosed |
| Controlling shareholder | Tan Chong International Limited (parent company, indirectly holding 50.56% of voting rights). ZENITH LOGISTICS LIMITED (47.19% voting rights ownership), Advance Pacific Holdings Limited (47.19%), TC Motor Pacific Limited (47.19%), and SBSホールディングス株式会社 (20.56%) are also listed. |
| Changes this time | No changes from the previous report are described. |
Items this document does not state (4)
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.To disclose the status of controlling shareholders and others. The disclosure explains that Tan Chong International Limited has the greatest influence on the Company because it indirectly holds 50.56% of the Company's voting rights through its subsidiaries.