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SUNCORPORATION shares rise on increased stake by ValueAct Capital
SUNCORPORATION <6736> is trading higher. According to a large shareholding report filed with the Kanto Local Finance Bureau on the 16th by US activist fund ValueAct Capital, the firm's stake in SUNCORPORATION, including joint holdings, increased to 9.89% from 7.87%. The reporting obligation was triggered on April 14. The move has been viewed as a positive catalyst for the stock.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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