Japan edition · Japanese equities
Daniel J. Edelman discloses 5 per cent stake in PRAP Japan
The investor has stated that it may make important proposals to management at the services company.
Daniel J. Edelman has crossed the 5 per cent threshold in PRAP Japan, according to filings disclosed in the past 30 days. The company stated that it may make important proposals to management at the services company.
Strategic Capital declared that it may make important proposals to the management of trading house Yellow Hat. Two other investors crossed the 5 per cent line in a Tokyo-listed firm: ASEAN China Investment Fund III and ken suzuki both disclosed new large holdings.
Substantial share price movements followed other recent position changes. Shares in retailer HYUGA PRIMARY CARE rose 57 per cent to 1 October after M3 increased its holding on 25 September. Shares in electronics maker Japan Electronic Materials gained 27 per cent to 1 October after Sumitomo Mitsui Trust Asset Management trimmed its holding on 15 September.
Companies in this column: PRAP Japan, HYUGA PRIMARY CARE, Japan Electronic Materials.