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Tokyo Gas has identified assets to sell to fund investments, president says

Channel News Asia LogoChannel News Asia13h ago

Tokyo Gas has identified assets to sell to fund investments, president says - Channel News Asia

Quick Summary:

TOKYO : Tokyo Gas has identified assets, including from its vast real estate portfolio, to be sold to fund growth investments, its president said, as the company faces pressure from U.S.activist investor Elliott Management.

Elliott, one of the world's most influential activist investors, purchased a 5.

Shares in Tokyo Gas surged over 20 per cent following the news Elliott became a shareholder on Nov.19, but are now up about 9 per cent since then.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 11:33:01 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25187780

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 51 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • URL: https://beamstart.com/news/tokyo-gas-has-identified-assets-17370077331048

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