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DaikyoNishikawa rises for fifth straight day on MI2's 5.09% stake disclosure
DaikyoNishikawa Corp. <4246> extended its winning streak to a fifth consecutive session. A large shareholding report filed after market close on the 3rd revealed that Tokyo-based investment firm MI2 and its affiliates have amassed a 5.09% stake, crossing the 5% disclosure threshold. The filing sparked speculative buying amid tightening supply-demand expectations. MI2 stated the purpose of its investment is for "potential advice to management and making material proposals," signaling possible activist involvement. The reporting event occurred on the 27th.
Source: MINKABU PRESS
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