Sekisui Jushi rises as Nippon Active Value Fund and affiliates increase stake to 8.17%
Shares of Sekisui Jushi Corporation <4212> traded firmly on Thursday. Following Wednesday's market close, a regulatory filing revealed that the joint stake held by UK-based Nippon Active Value Fund and its co-holders in Sekisui Jushi rose from 7.09% to 8.17%, fueling market speculation. The change was disclosed in an amended large shareholding report filed on Wednesday, with the reporting obligation triggered on May 27. In the filing, Nippon Active stated that the holding is for investment purposes, providing management advice to executives, and potentially making material proposals depending on the situation.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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