Toshiba shareholder 3D Investment Partners calls for shareholder vote on break-up plan

A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, January 19, 2017. REUTERS/Toru Hanai/File Photo

Toshiba Corp‘s second-largest investor called on Thursday for an extraordinary shareholder meeting for a vote to force the Japanese company to get two-thirds support before continuing with a controversial plan to split in three.

The proposal by Singapore-based hedge fund 3D Investment Partners marks the latest in a long and acrimonious battle between the once-mighty Japanese conglomerate and a number of its foreign shareholders, many of them activist funds.

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