Core Viewpoint - The Tokyo Stock Exchange is under pressure to implement more measures to protect minority shareholders during management buyouts, following new regulations that took effect on July 22 [1] Group 1: Regulatory Changes - The Tokyo Stock Exchange has mandated increased disclosure for management buyouts and transactions involving controlling shareholders to ensure fair treatment of investors [1] - Companies like Pacific Industrial Co., Ltd. and Soft99 Corporation have announced plans for privatization through management buyouts since the new rules were implemented [1] Group 2: Investor Protection - The exchange requires explanations regarding the procedures and fairness of pricing for companies that are delisted due to management buyouts or controlling shareholder acquisitions, aiming to shield investors from losses due to undervaluation [1] - Despite these measures, some transactions are still perceived as unfair to investors, prompting the exchange to consider further necessary actions after rule modifications [1]
日本东京证交所被要求就管理层收购进行更多披露
Xin Lang Cai Jing·2025-09-01 00:59