At the extraordinary general meeting of shareholders of "Kansai Supermarket", the Tokyo metropolitan area supermarket "OK", which was intended to acquire, had a problem in counting the pros and cons over the approval of the management integration plan with the operating company such as Hanshin Hanshin Department Store. If so, I have decided to apply for a provisional disposition seeking an injunction against the integration procedure.
Kansai Super, on the other hand, is at odds with the view that there was no problem with the aggregation.
At the extraordinary general meeting of shareholders at Kansai Super at the end of last month, the proposal for a business merger with H2O Retailing, which operates Hankyu Hanshin Department Store, was approved with barely more than two-thirds of the shareholders in attendance. ..
However, Okay said in a report of a lawyer selected by the court to examine the general meeting from a neutral standpoint that a shareholder who cast a white vote treated the voting right in favor of it. On the 9th, we will apply to the Kobe District Court for a provisional disposition requesting an injunction against the procedure for integration.
On the other hand, Kansai Super announced on the 9th about the circumstances of the day, and on the day of the general meeting, the shareholders who cast a white vote submitted a manifestation of approval in the form of documents at the reception, and they are also in charge of the actual voting. He told the person that he would exercise his voting rights as he had indicated in advance, and decided that he was in favor of the integration plan.
Kansai Super states that "there is no doubt about the legality of handling," and both sides are at odds with each other.