Eiken Chemical: Dalton Investments stake rises above 10%

Eiken Chemical (TSE:4549) announced today that Dalton Investments, Inc. and related parties, including Nippon Active Value Fund, have increased their shareholding in the company. According to a substantial shareholding report filed on August 28, 2024, Dalton Investments' stake rose to 3,651,300 shares, representing 10.56% of total voting rights. This represents an increase from the previous holding of 3,354,200 shares (9.70%) reported on August 6, 2024. The announcement noted a delay in the disclosure of this change, for which the company apologized. The company emphasized that the information is based solely on the filed report, and Eiken Chemical has not independently verified the beneficial ownership.