Tosei Corporation8923
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Dalton Investments raised stake to 6.07%, calling shares undervalued and an attractive investment opportunity.
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Tosei CorporationUS investment fund Dalton Investments has raised its stake in Tosei to 6.07%, according to a change report filed on the 13th. The previous stake was 5.00%, with the reporting obligation triggered on the 6th. The fund stated that it views the shares as undervalued and an attractive investment opportunity, and while it primarily intends to hold the shares for the long term, it may seek constructive dialogue on matters including corporate governance, board composition, and a review of management strategies such as going private or spin-offs.
Tosei CorporationDalton Investments raised stake to 6.07%, calling shares undervalued and an attractive investment opportunity.