CHICAGO--(BUSINESS WIRE)--RMB Capital (�RMB�), a Chicago-based independent investment advisory firm, is a long-term shareholder of Faith Ltd. (4295 JP, �Faith�) and owns approximately 10% of the firm�s total outstanding shares.
Faith�s board has unfairly refused to include RMB�s recent shareholder proposal to spin-off Nippon Columbia (�the Proposal�) at the 29th annual general shareholders� meeting at Faith, scheduled for June 2021 (�the AGM�). RMB believes the board�s decision is inappropriate and unlawful and suppresses shareholders� opportunity to discuss this important managerial decision at the AGM. To confirm the validity of the Proposal, RMB filed a petition for provisional disposition at Kyoto District Court.
Please refer to Faith Activism for RMB�s past press releases.
About RMB Capital
Headquartered in Chicago, RMB Capital is an independent investment advisory firm that serves high-net-worth individuals and families as well as institutional investors. Its businesses include wealth management, family office services, asset management, and retirement plan consulting. Its asset management business specializes in long-term, concentrated, active investing strategies with coverage that spans the market-cap spectrum and the globe. To learn more about RMB, visit https://rmbcapital.com.
Contacts
Media Contact:
Ilhwa Lee
RMB Capital
[email protected]
