Nippon Active Value Fund notes Dalton statement on Fuji Media AGM
Why we think this is neutral
This RNS announcement does not contain any major news that would significantly impact the company's performance or outlook. It is simply an informational update regarding a statement made by Dalton Investments on the AGM of Fuji Media Holdings, which is one of the investments held by Nippon Active Value Fund.
Key Points
- NAVF notes statement from Dalton Investments on the AGM of Fuji Media Holdings
- Dalton Investments, NAVF Select LLC and Rising Sun Management Ltd (the adviser to NAVF) frequently act together in holding specific Japanese investments
Summary
The investment fund provides an update on a statement made by one of its advisers regarding a shareholder meeting of a company it holds an investment in.
Nippon Active Value Fund PLC (NAVF) has provided an update on a statement made by Dalton Investments LLC regarding the shareholder proposals put to the Fuji Media Holdings Annual General Meeting. Dalton Investments, NAVF Select LLC and Rising Sun Management Ltd (the adviser to NAVF) frequently act together in holding specific Japanese investments, including Fuji Media Holdings.
GENERAL UPDATE