TSE:7966Chemicals
LINTEC (TSE:7966) Reassures On Independence But Is The Valuation Already Priced In
Governance Independence Comes Into Focus For LINTEC Stock
LINTEC (TSE:7966) moved to clarify its governance setup after Nippon Paper reached 30.9% of its voting rights, stressing that business decisions and financing remain independent, even though the major shareholder’s executive has joined the board as an outside director.
See our latest analysis for LINTEC.
That clarification on governance comes as LINTEC’s share price has been strong, with a 30 day share price return of 18.31% and a 1...