KNT-CT Holdings rises after investment adviser Kaihou reportedly sends letter on parent-subsidiary listing
KNT-CT Holdings Co.,Ltd. <9726> traded higher. It has been revealed that Kaihou, an investment advisory firm based in Minato-ku, Tokyo and led by prominent individual investor Shunya Imura, sent a letter expressing governance concerns regarding the parent-subsidiary listing structure to the company and its parent company Kintetsu Group Holdings Co.,Ltd. <9041>. Bloomberg reported this on the 23rd. Kaihou holds more than 6% of KNT-CT Holdings shares through funds for which it provides investment advisory services.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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