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ASKA Pharmaceutical Holdings Co., Ltd. ( (JP:4886) ) has provided an update.
ASKA Pharmaceutical Holdings Co., Ltd. has implemented a response policy to address large-scale purchases of its share certificates by Dalton Investments and associated entities. The company is concerned about Dalton’s potential acquisition of a significant minority stake, which could lead to negative control, effectively giving Dalton veto power over company decisions. The response policy aims to ensure that shareholders and the Board of Directors have the necessary information to make informed decisions, but Dalton’s refusal to comply with the information request raises concerns about future compliance and intentions.
The most recent analyst rating on (JP:4886) stock is a Buy with a Yen2732.00 price target. To see the full list of analyst forecasts on ASKA Pharmaceutical Holdings Co., Ltd. stock, see the JP:4886 Stock Forecast page.
More about ASKA Pharmaceutical Holdings Co., Ltd.
ASKA Pharmaceutical Holdings Co., Ltd. operates in the pharmaceutical industry, focusing on the development and distribution of pharmaceutical products. The company is headquartered in Minato-ku, Tokyo, and is led by President and Representative Director Sohta Yamaguchi.
Average Trading Volume: 56,973
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen65.2B
See more insights into 4886 stock on TipRanks’ Stock Analysis page.