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MEDIA LINKS extends losses in afternoon session as EVO Fund cuts stake
MEDIA LINKS CO.,LTD. <6659> extended its losses in afternoon trading. The combined stake of investment firm EVO Fund (Cayman Islands) and its joint holders fell to 1.14% from 4.88%, triggering a sell-off. According to an amended filing with the Kanto Local Finance Bureau, the reporting trigger date was May 19. EVO Fund stated the purpose of its holding is "pure investment, and depending on the circumstances, the filer may provide management advice to the issuer's management."
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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