TOKYO -- Hong Kong investment firm Oasis Management is considering submitting shareholder proposals to Japanese cosmetics giant Kao in 2025 to encourage management to cut underperforming products and boost shareholder returns, the investor said on Monday.
Consumer
Activist investor Oasis urges Japan's Kao to reduce brands
Shareholder proposals a possibility to prompt changes at cosmetics maker
Oasis revealed that it owns at least 3% of Kao at a press conference on April 8. (Photo by Nikkei)
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