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HOUON Co., Ltd. Acquires Significant Stake in Sun Frontier Fudousan

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HOUON Co., Ltd. Acquires Significant Stake in Sun Frontier Fudousan

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An announcement from Sun Frontier Fudousan Co ( (JP:8934) ) is now available.

Sun Frontier Fudousan Co., Ltd. announced that HOUON Co., Ltd, an asset management company owned by its Chairman Representative Director Tomoaki Horiguchi and his relatives, will acquire a significant portion of its shares. This acquisition, amounting to over 5% of voting rights, is classified as an act equivalent to a tender offer under Japanese financial regulations, potentially impacting the company’s governance and shareholder dynamics.

The most recent analyst rating on (JP:8934) stock is a Buy with a Yen2563.00 price target. To see the full list of analyst forecasts on Sun Frontier Fudousan Co stock, see the JP:8934 Stock Forecast page.

More about Sun Frontier Fudousan Co

Sun Frontier Fudousan Co., Ltd. operates in the real estate industry, focusing on property development and management. The company is listed on the Tokyo Stock Exchange Prime Market, and it is known for its strategic investments and asset management services.

Average Trading Volume: 113,257

Technical Sentiment Signal: Buy

Current Market Cap: Yen118.4B

Find detailed analytics on 8934 stock on TipRanks’ Stock Analysis page.

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