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Murakami Corp Continues to Rise on Increased Stake by Nippon Active Value Fund
Murakami Corp <7292> continued its upward momentum. An amended filing submitted to the Kanto Local Finance Bureau after the close of trading on the 8th revealed that Nippon Active Value Fund, a London-based investment firm, along with its joint holders, increased its shareholding ratio from 7.61% to 8.10%. This disclosure appears to have triggered speculative buying driven by supply-demand expectations. The stated purpose of the holding is "investment, providing management advice to the executive team, and submitting significant proposals as deemed necessary." The filing obligation date was April 1st.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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