SUGI HOLDINGS continues to rise on speculation following Orbis Investment's 5.01% stake
SUGI HOLDINGS CO.,LTD. <7649> shares extended their gains on Monday. According to a large shareholding report filed with the Kanto Local Finance Bureau after Friday's close, Bermuda-based Orbis Investment Management surpassed the 5.00% regulatory threshold with a 5.01% stake, fueling speculative buying. The purpose of the holding was stated as portfolio investment for funds under its management, with the disclosure obligation triggered on May 29.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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