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NipponKoa shareholders vote to re-elect president

Wed Jun 24, 2009 10:51pm EDT

Stocks

   

TOKYO, June 25 (Reuters) - NipponKoa Insurance (8754.T) shareholders voted to re-elect company president Makoto Hyodo, although shareholder U.S. fund Southeastern Asset Management said it would oppose his re-election.

Japan

It is the second year in a row that Southeastern Asset Management, which owns 17 percent in the Japanese insurance firm, has opposed his re-election. (Reporting by Junko Fujita)



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