Japanese chip materials maker JSR to nominate ValueAct Capital partner to board

JSR

25/01/2021 08:20

TOKYO, Jan 25 (Reuters) - Japanese chip and display
materials maker JSR Corp  4185.T  said on Monday it would
nominate Robert Hale, a partner of U.S. hedge fund ValueAct
Capital, to be an outside director.
    ValueAct Capital became a major shareholder in JSR with more
than a 7% stake early last year. JSR, established in 1957 as a
government-backed synthetic rubber maker, now supplies materials
to global chip and display makers.  urn:newsml:reuters.com:*:nL4N2BN34V

 (Reporting by Makiko Yamazaki; Editing by Edmund Blair)
 ((Makiko.Yamazaki@thomsonreuters.com; +81-3-4563-2805;))