Oasis in the news

Any examples of strategies, trade ideas, or case studies are intended for illustrative and discussion purposes only, and are not necessarily indicative of the historical or future strategy or performance or the chances of success of any particular strategy. There can be no assurance that investment opportunities described herein will become available in the future. It should not be assumed that any investments described by any models would be profitable if implemented because among other things, assumptions described herein may not materialize. Any specific investments or case studies referenced in this presentation were selected for inclusion herein based on objective, non-performance based criteria solely for the purpose of describing the investment processes and analyses used by Oasis to evaluate such investments. A list of historical investments – including investments that lost money — can be made available upon request. As always, past performance is not necessarily indicative of future results.

10

April 2024

What exactly is the path toward a better Kao? We speak with Seth Fischer, CIO of ‘strongest activist’ Oasis (summary translation)

Nihon Securities Journal

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09

April 2024

Hong Kong investment fund Oasis Management mulls submitting shareholder proposals to Kao ahead of next shareholders meeting (summary translation)

The Nikkei

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09

April 2024

Activist investor Oasis urges Japan’s Kao to reduce brands

Nikkei Asia

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08

April 2024

Activist Oasis reveals 3% Kao stake in battle for change at Japan cosmetics firm

Reuters

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08

April 2024

Oasis Management revealed to have more than 3% stake in Kao Corporation: Could submit shareholder proposal [ahead of] next shareholders meeting (summary translation)

Reuters

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08

April 2024

Oasis CIO says he plans to ‘turn Kao into a global leader’ amid reveal of more than 3% stake in the company (summary translation)

Bloomberg

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08

April 2024

Companies cannot let their guard down even when P/B ratios are over 1x: Shareholder activism’s new horizon (summary translation)

The Nikkei

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08

April 2024

Hong Kong fund Oasis requests that Kao increase its number of female directors (summary translation)

Asahi Shimbun

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08

April 2024

Kao vs. activist fund Oasis: Implicit pressure already on top management (summary translation)

Nikkei Business

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08

April 2024

Oasis Chief Investment Officer criticizes Kao for failure to invest in important brands, declining margins, calls for change (summary translation)

Jiji Press

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05

April 2024

Hong Kong-based investment fund Oasis Management requests Kao reduce number of offered products (summary translation)

The Nikkei

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05

April 2024

Kao becomes Oasis’s ‘new target:’ Stock price temporarily up 7% following claim that it would exceed ¥10,000 (summary translation)

Nihon Securities Journal

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04

April 2024

Kao Corporation’s stock price up 7% amid calls by investment fund for improved marketing (summary translation)

Reuters

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04

April 2024

Activist Oasis calls on Japanese cosmetics firm Kao to improve marketing

Reuters

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04

April 2024

Kao Corp. Shares Rise After Activist Investor Urges Action to Reach ‘Full Potential’

WSJ

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04

April 2024

Kao shares jump as activist investor Oasis calls for improved performance

Bloomberg

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04

April 2024

Activists request that Kao reduce number of brands to improve corporate value, criticizes management (summary translation)

Jiji Press

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03

April 2024

Here are the top investment ideas out of the Sohn conference, including an e-commerce play

CNBC Pro

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27

March 2024

Taisho Pharmaceutical’s ‘absurdly cheap MBO’ continues to attract criticism at heated EGM: No comments from Uehara family throughout session, questions raised about decision-making process (summary translation)

Toyo Keizai

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21

March 2024

Special Report: Legal battle with shareholders awaits; Taisho Pharmaceutical HD – Hopes placed on activists (summary translation)

Nihon Securities Journal

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21

March 2024

Kumagai Gumi reaches 18-year high amid enlarged stake by Oasis (summary translation)

Kabushiki Shimbun

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19

March 2024

March AGM season is in full swing: Focus is on activist-owned stocks (summary translation)

Nihon Securities Journal

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18

March 2024

Investment fund Oasis raises stake in Kumagai Gumi, where it made shareholder proposals last year (summary translation)

cReuters Japan

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15

March 2024

Activist investor Oasis builds stake in sandwich maker Greencore

Financial Times

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13

March 2024

Oasis files petition regarding pricing of [CTC] shares in relation to Itochu’s acquisition of CTC as wholly owned subsidiary (summary translation)

The Nikkei

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12

March 2024

Predicting the stock prices of ‘[cash] rich’ companies: Will the companies hoarding 18 trillion yen in cash begin to use that money toward growth investments? (summary translation)

The Nikkei

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11

March 2024

Tsuruha to become part of Aeon: The ripple effect of the ‘2-trillion-yen drug alliance’ – Aeon worked quickly and will acquire investment fund’s entire stake (summary translation)

Toyo Keizai

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11

March 2024

Hong Kong-based investment fund Oasis targets Tsuruha, Japan’s second largest drugstore, and Ain, the leading dispensing pharmacy operator (summary translation)

M&A Online

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08

March 2024

Activist fund Oasis says it may take legal action over Taisho’s management buyout

Reuters

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08

March 2024

Ain Holdings share price soars following reveal of activist investor’s increased stake: Potential for industry restructuring seen positively? (summary translation)

Hokkaido Shimbun

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