Fancl (JP:4921) has released an update.
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FANCL Corporation has announced a change in its major shareholder, with MY.Alpha Management HK Advisors Limited increasing its voting rights from 9.61% to 10.69%. The change was confirmed through a statement submitted to the Kanto Local Finance Bureau, which now reflects MY.Alpha Management’s larger shareholding stake of 12,951,006 shares. This shift in shareholding dynamics could have implications for the company’s strategic direction and investor relations.
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