The latest update is out from Chubu Steel Plate Co ( (JP:5461) ).
Chubu Steel Plate Co., Ltd. announced a change in its major shareholder as the Chubu Steel Plate Business Partners’ Stockholding Association’s voting rights fell below 10% due to equity share withdrawals by its members. Despite this change, the company states that there will be no impact on its financial results, and the association will continue to purchase shares based on member needs, indicating a fluid ownership situation.
More about Chubu Steel Plate Co
Chubu Steel Plate Co., Ltd. operates in the steel industry, primarily focusing on the production and distribution of steel plates. The company is listed on the Tokyo and Nagoya Stock Exchanges and serves a range of business partners through its stockholding association.
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