TOKYO, May 27 (Pulse News Wire) – Aqualine Ltd. (6173.T) confirmed changes in its major shareholders due to filings made on May 26, affecting the top shareholder position held by Research Institute J Technologies Co., Ltd.
As a result, SAIAS Corp. became the largest shareholder with 1,213,800 shares, holding 1,213,800 voting rights, which represents 1.15% of total outstanding shares. Prior to this change, Research Institute J Technologies Co., Ltd. held 1,213,800 shares, making up 1.15% of total outstanding shares but lost its top shareholder status. Additionally, the company revised its previous announcement dated May 18 concerning SAIAS Corp.'s acquisition of Aqualine Ltd. shares.
Following the sale notification received from Research Institute J Technologies Co., Ltd., SAIAS Corp. was reclassified as the primary and leading shareholder effective May 18, while Kotoh Ichiro ceased being considered a significant shareholder. In detail, the changes reflect SAIAS Corp.’s increased shareholding from 230,000 shares to 1,213,800 shares, representing a shift from the second-largest to the largest shareholder position. Conversely, Kotoh Ichiro's holdings dropped to zero shares, effectively removing him from the list of major shareholders. No additional significant developments are anticipated based on this restructuring. With these adjustments, there are now no major shareholders holding more than 1.15% of the company’s voting rights.
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