CUC Inc. (JP:9158) has released an update.
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CUC Inc. has announced its firm control under parent company M3, Inc., which holds 63.45% of its voting rights, positioning CUC within the ‘Site Solution segment’ of M3’s global services. The governance structure ensures independence in CUC’s decision-making, with measures in place to protect minority shareholders during transactions with M3, such as thorough board deliberations and adherence to ‘Related Party Transaction Management Rules’.
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