Sapporo investor 3D Investment Partners says board has failed to create value -letter

TOKYO (Reuters) – Sapporo Holdings Ltd investor 3D Investment Partners Pte said in a letter to shareholders on Tuesday the Japanese beer maker’s board has failed to create corporate value.

The Singapore-based fund said Sapporo’s board is ill-suited to addressing the challenges and opportunities facing the company.

(Reporting by Rocky Swift; Editing by Tom Hogue)