TOKYO (Reuters) – Toshiba (OTC:) Corp plans to suggest giving two of its main hedge fund shareholders seats on its board, individuals aware of the matter mentioned, a transfer that would give overseas buyers extra affect over the troubled Japanese conglomerate.

Toshiba plans to appoint the executives from Elliott Administration and Farallon Capital Administration for board seats forward of its annual shareholders assembly in June, mentioned the individuals, who declined to be recognized as a result of the matter has not been made public.

Three of the individuals mentioned Toshiba will suggest Elliott, and two of them mentioned it could additionally suggest Farallon.

The transfer may mark a flip in an extended battle between Toshiba’s administration and its activist shareholders.

A Toshiba spokesperson mentioned the corporate hasn’t finalised its board director nominees, including that it’s going to promptly make disclosures as quickly as determined.

Farallon, Toshiba’s third-largest shareholder with a stake of greater than 6%, and Elliott, which sources say owns just below 5% of Toshiba, did not instantly reply to requests for remark.