Japan Asia Group to dilute stake held by Murakami-backed fund with new share issue

Japan Asia Group to dilute stake held by Murakami-backed fund with new share issue

Photographer: Tomohiro Ohsumi/Bloomberg

Japan Asia Group (JAG) said on Monday it would issue new shares to existing shareholders to dilute a stake held by a fund backed by veteran activist investor Yoshiaki Murakami.

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