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Tosei ( (JP:8923) ) has shared an announcement.
Tosei Corporation announced its relationship with Nagoya Railroad Co., Ltd., which holds 15.48% of Tosei’s voting rights, making it the largest shareholder. The two companies have entered into a capital and business alliance to enhance their real estate business through joint projects, while maintaining Tosei’s management autonomy.
More about Tosei
Tosei Corporation operates in the real estate industry, focusing on real estate fund management and development. The company is listed on the Tokyo Stock Exchange and the Singapore Exchange, and it aims to leverage its expertise in real estate to maximize corporate value through strategic alliances.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $781.4M
For a thorough assessment of 8923 stock, go to TipRanks’ Stock Analysis page.