<p>Toshiba Corp's top investor has called for an independent probe into a botched shareholder meeting, alleging several investors were deprived of their right to vote properly, according a letter sent to the Japanese conglomerate's board.</p>.<p>The call by Singapore-based Effissimo Capital Management is the latest to highlight investor concern about the July 31 shareholder meeting, and the sidelining of minority investors, particularly foreign funds.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/business-news/more-than-1000-postal-votes-uncounted-at-meeting-says-toshiba-889353.html" target="_blank">More than 1,000 postal votes uncounted at meeting, says Toshiba</a></strong></p>.<p>The letter from Effissimo comes just days after Toshiba this month said that more than 1,000 postal voting forms for its shareholder meeting went uncounted. Another Singapore-based fund, 3D Investment Partners, has already called for a similar investigation, saying its vote had not been fully recognised.</p>.<p>Effissimo said Toshiba's board should establish a committee made up exclusively of independent members to investigate whether the July meeting was conducted fairly.</p>.<p>"We have surveyed several dozen shareholders regarding this matter, and were able to confirm that there are in fact several shareholders that were unable to vote in a manner consistent with their intentions," Effissimo said in its letter.</p>.<p>Effissimo and Toshiba both declined to comment when contacted by Reuters.</p>
<p>Toshiba Corp's top investor has called for an independent probe into a botched shareholder meeting, alleging several investors were deprived of their right to vote properly, according a letter sent to the Japanese conglomerate's board.</p>.<p>The call by Singapore-based Effissimo Capital Management is the latest to highlight investor concern about the July 31 shareholder meeting, and the sidelining of minority investors, particularly foreign funds.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/business-news/more-than-1000-postal-votes-uncounted-at-meeting-says-toshiba-889353.html" target="_blank">More than 1,000 postal votes uncounted at meeting, says Toshiba</a></strong></p>.<p>The letter from Effissimo comes just days after Toshiba this month said that more than 1,000 postal voting forms for its shareholder meeting went uncounted. Another Singapore-based fund, 3D Investment Partners, has already called for a similar investigation, saying its vote had not been fully recognised.</p>.<p>Effissimo said Toshiba's board should establish a committee made up exclusively of independent members to investigate whether the July meeting was conducted fairly.</p>.<p>"We have surveyed several dozen shareholders regarding this matter, and were able to confirm that there are in fact several shareholders that were unable to vote in a manner consistent with their intentions," Effissimo said in its letter.</p>.<p>Effissimo and Toshiba both declined to comment when contacted by Reuters.</p>