Japan Real Estate Investment (JP:8952) has released an update.
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Japan Real Estate Investment Corporation has announced a 5-for-1 investment unit split to enhance liquidity and attract more individual investors, aligned with the new Nippon Individual Savings Account and Tokyo Stock Exchange guidelines. This move is designed to expand the investor base and adjust the total number of issuable units to 20 million. The unit split is effective from January 1, 2025.
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