ISB CORPORATION shares remain firm after Axium Capital increases stake
Shares of ISB CORPORATION <9702> remained firm on Thursday. Following Wednesday's market close, a regulatory filing revealed that Singapore-based investment management firm Axium Capital had been increasing its stake in ISB, prompting speculative buying. According to an amended large shareholding report filed on Wednesday, the ownership ratio rose from 10.01% to 11.34%, with the reporting obligation triggered on May 27. In the filing, Axium Capital stated that it may make material proposals aimed at enhancing shareholder and corporate value.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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