S’pore fund is top Toshiba share­holder

New Straits Times - - Business -

TOKYO: Sin­ga­pore-based fund Eff­is­simo, es­tab­lished by for­mer col­leagues of Ja­pan’s most fa­mous ac­tivist in­vestor Yoshi­aki Mu­rakami, has be­come the largest share­holder in Toshiba Corp with an 8.14 per cent stake, a reg­u­la­tory fil­ing showed yes­ter­day. It is also the largest share­holder in ship­per Kawasaki Kisen Kaisha Ltd, of­fice equip­ment maker Ri­coh Co Ltd and elec­tron­ics re­tailer Ya­mada Denki Co Ltd. Its pur­chase of Toshiba shares is worth 65 bil­lion yen (RM2.58 bil­lion).

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