Regarding the approval of the management integration plan with operating companies such as Hanshin Hanshin Department Store at the extraordinary general meeting of shareholders of "Kansai Supermarket", the supermarket "OK" in the metropolitan area said that there was a problem in counting the pros and cons, and headed for the integration I have filed a provisional disposition with the court seeking an injunction against the procedure.
On the other hand, Kansai Super is in conflict, saying that there was no problem with counting.
At the extraordinary general meeting of shareholders at Kansai Super at the end of last month, the merger proposal with "H2O Retailing" was approved with barely more than two-thirds of the shareholders in attendance required for approval.
On the afternoon of the 9th, OK, which intended to acquire Kansai Super, filed a provisional disposition with the Kobe District Court seeking an injunction against the integration procedure.
Regarding the reason, Okay stated in a report of a lawyer selected by the court to examine the general meeting from a neutral standpoint that he treated the voting right in favor of an offer from a shareholder who cast a white vote indicating abstention. It is said that there was a problem in counting the pros and cons.
On the other hand, Kansai Super announced its opinion on the 9th, and the shareholders who cast a white vote submitted a document stating their intention to agree at the reception on the day, and at the time of voting, the person in charge said, "As intended in advance. He said that he would exercise his voting rights, and decided that he was legally in favor of it.
On top of that, he states, "There is no doubt about legality."
The claims of both sides are in direct conflict, and the battle for Kansai Super has been brought into the judiciary.