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The latest announcement is out from Modec ( (JP:6269) ).
Modec, Inc. announced a correction to its previous notice regarding changes in its largest shareholder. Initially, Mitsui O.S.K. Lines, Ltd. was categorized as an ‘Other Affiliated Company’ due to holding a significant percentage of voting rights. However, after further examination, this classification was revised, impacting the company’s shareholder structure and possibly its strategic partnerships.
More about Modec
Modec, Inc. operates in the energy sector, specializing in the engineering, procurement, construction, and operation of floating production systems, primarily for the offshore oil and gas industry.
YTD Price Performance: 33.64%
Average Trading Volume: 100
Technical Sentiment Signal: Sell
Current Market Cap: $1.9B
For detailed information about 6269 stock, go to TipRanks’ Stock Analysis page.