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Syuppin shares extend decline in afternoon session after Milli Capital reduces stake
Syuppin Co Ltd <3179> extended its slide in the afternoon session after a regulatory filing revealed that U.S.-based Milli Capital Management reduced its stake in the company. According to an amended report filed with the Kanto Local Finance Bureau, Milli Capital's holding fell to 8.11% from 9.14%, with the reporting trigger date occurring on April 10. The firm stated its purpose for holding involves discretionary asset management, as well as providing advice to management and engaging in material proposals depending on the situation.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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