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Abalance Corp Establishes Third-Party Committee for Transaction Investigation

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Abalance Corp Establishes Third-Party Committee for Transaction Investigation

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The latest update is out from Abalance Corp ( (JP:3856) ).

Abalance Corporation has established a third-party committee to investigate past transactions under its new management structure. This move follows feedback from an external organization and aims to ensure sustained business activities. The investigation will focus on re-examining a previous report, potential impairment losses for the Taiwa Town Solar Power Plant, and related party transactions. The company assures stakeholders that the investigation is not expected to impact financial results, except for possible impairment losses, and promises prompt disclosure of findings.

The most recent analyst rating on (JP:3856) stock is a Hold with a Yen1119.00 price target. To see the full list of analyst forecasts on Abalance Corp stock, see the JP:3856 Stock Forecast page.

More about Abalance Corp

Average Trading Volume: 575,990

Technical Sentiment Signal: Hold

Current Market Cap: Yen20.37B

For an in-depth examination of 3856 stock, go to TipRanks’ Overview page.

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