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The latest announcement is out from Star Asia Investment Corp. ( (JP:3468) ).
Star Asia Investment Corporation has entered into a preferential negotiation rights agreement to acquire mezzanine loan debts, aiming to expand its investment portfolio in this area. The agreement involves unsecured bonds backed by hotel properties, which are expected to generate stable revenue from long-term stays, indicating a strategic move to bolster income and investor returns.
More about Star Asia Investment Corp.
Star Asia Investment Corporation operates as a Real Estate Investment Trust (REIT) focusing on mezzanine loan debts. The company aims to diversify investment targets and maximize unitholder value by investing in these financial instruments, which provide dividend income and enhance distributable profits.
Average Trading Volume: 7,078
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen155.8B
For an in-depth examination of 3468 stock, go to TipRanks’ Overview page.