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TOKYO AUTOMATIC MACHINERY shares surge on disclosure of 5.01% stake by Song Yu Ning
Shares of TOKYO AUTOMATIC MACHINERY WORKS,LTD. <6360> extended sharp gains. According to a large shareholding report filed with the Kanto Local Finance Bureau after the market close on May 26, Singapore-based retail investor Song Yu Ning's stake reached 5.01%, crossing the 5% threshold. The development fueled speculative buying on supply-demand expectations. The purpose of the holding was stated as "pure investment aimed at enhancing corporate value through constructive dialogue," with the reporting trigger date set as May 19.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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