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The latest announcement is out from Daito Construction ( (JP:1878) ).
Daito Trust Construction Co., Ltd has successfully completed a tender offer to acquire shares of Ascot Corp, with the intention of making it a consolidated subsidiary. This strategic acquisition is expected to enhance Daito’s market positioning and expand its operational capabilities in the construction and real estate sectors.
More about Daito Construction
Daito Trust Construction Co., Ltd is a prominent player in the construction industry, primarily focusing on building and real estate development. The company is listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange, indicating its significant market presence.
YTD Price Performance: -5.99%
Average Trading Volume: 57
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.05B
For a thorough assessment of 1878 stock, go to TipRanks’ Stock Analysis page.