Japan Investment Adviser Co.,Ltd. (JP:7172) has released an update.
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Japan Investment Adviser Co., Ltd. has announced the acquisition of Milestone Asset Management Co., Ltd., securing 86.2% of voting rights and making it a subsidiary to enhance its financial services offerings and expand its customer base. Milestone Asset Management, known for its stable management of low-priced Japanese shares since 2004, is expected to contribute to the JIA Group’s revenue and corporate value through mutual benefits, such as increased earning opportunities for both entities.
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