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WASHINGTON HOTEL draws buying interest after APA emerges as major shareholder
WASHINGTON HOTEL CORPORATION <4691> is attracting investor interest. It was revealed that APA Holdings (Minato-ku, Tokyo) submitted a large shareholding report to the Kanto Local Finance Bureau dated the 1st, emerging as a major shareholder of WASHINGTON HOTEL. According to the report, the combined holdings of joint holders APA Hotel (Minato-ku, Tokyo) and APA Resort (ibid.) totaled 5.08%, acquired through both on-exchange and off-exchange transactions. The stated purpose of the holdings is "pure investment." The reporting obligation arose on the 25th. This has sparked speculative buying in the stock.
Source: MINKABU PRESS
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