• Kyodo

  • SHARE

Nippon Paint Holdings Co.’s shareholders voted on Wednesday to hand over of a majority of the company’s board to Singapore’s Wuthelam Group.

Six of the 10 board members approved at a general meeting in Osaka were chosen by Wuthelam, Nippon Paint’s largest shareholder and a longtime business partner. They include Wuthelam executive Goh Hup Jin. Tetsushi Tado, president of the Japanese firm, was also retained on the board.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW