Japan Logistics Fund, Inc. ( (JP:8967) ) has shared an announcement.
Japan Logistics Fund, Inc. has announced plans to propose amendments to its Articles of Incorporation and appoint new directors at its upcoming General Unitholders’ Meeting. The amendments include changes to cash distribution policies and asset management fee calculations, reflecting recent legal revisions and a stock split. These changes aim to enhance returns to unitholders and adjust management fees in line with the company’s operational adjustments. The appointment of new directors, including executive and supervisory roles, is part of a strategic realignment to ensure compliance and continuity in leadership.
More about Japan Logistics Fund, Inc.
Japan Logistics Fund, Inc. (JLF) is a Real Estate Investment Trust focused on logistics properties. It operates under the asset management of Mitsui & Co., Logistics Partners Ltd., and is involved in the investment and management of logistics facilities in Japan.
YTD Price Performance: 4.72%
Average Trading Volume: 7
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.49B
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