fintech / news / / Business Wire
3D Investment Partners Pte.
3D Investment Partners proposed banning NSSOL's deposits with parent Nippon Steel at the 2026 AGM.
KEY POINTS
- NSSOL has deposited around 93% of its cash with Nippon Steel at 0.5% interest for over 20 years.
- NSSOL's deposit rate is significantly below its 6–8% cost of capital, impairing its corporate value.
- Shareholder proposals include stricter disclosure of deposit terms and require a vote excluding Nippon Steel.
- NSSOL's ROE lags peers, remaining at 11.8% versus a 20.4% peer average due to these practices.
COMPANIES
Summarized by Newsio from Business Wire. How we summarize →