CORRECT: Tepco: Aim To Rebuild Under Proposed Government Funding Plan

Posted By on June 29, 2011

(“Tepco: Aim To Rebuild Under Proposed Government Funding Plan,” at 0319 GMT, misstated the attendance at last year’s meeting in the third paragraph. The correct version follows:)

TOKYO (Dow Jones)–Facing a record large gathering of largely disgruntled shareholders, Tokyo Electric Power Co. (9501.TO) said Tuesday it would seek to rebuild itself as a standalone company, making use of a proposed government funding plan to help pay for expected massive compensation claims from the Fukushima Daiichi nuclear power plant crisis.

“We would like to offer our sincere apology to our …

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