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ENECHANGE Ltd. Announces Major Shareholder Transition

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ENECHANGE Ltd. Announces Major Shareholder Transition

The latest announcement is out from Enechange Ltd. ( (JP:4169) ).

ENECHANGE Ltd. has announced a significant shift in its major shareholder structure due to new share issuances and a pledge agreement related to a loan. PORT INC. is set to become the major shareholder after acquiring shares from the former CEO, Yohei Kiguchi, but will soon be overtaken by ITOCHU ENEX CO., LTD. following a third-party allotment of new shares, altering the company’s stakeholder dynamics.

More about Enechange Ltd.

YTD Price Performance: 3.91%

Average Trading Volume: 558,695

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen13.05B

For an in-depth examination of 4169 stock, go to TipRanks’ Stock Analysis page.

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