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SAKURAI shares slide as company announces delisting plan
SAKURAI Ltd. <7255> shares plummeted after the Tokyo Stock Exchange announced after the bell on April 15 that it will delist the company effective Oct. 1. The exchange will designate the stock as a security under supervision from April 15 through Sept. 30. The move follows Sakurai's failure to meet market capitalization requirements for maintaining its listing as of the reference date.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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