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FINWIRES

Oasis Management Boosts Stake in Infomart to 10.97%, Becoming Major Shareholder

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Oasis Management has increased its ownership stake in business-to-business e-commerce platform Infomart (TYO:2492), raising its voting rights from 9.77% to 10.97% as of Aug. 7.

The change was confirmed through a large-volume possession report submitted to the Kanto Local Finance Bureau on Aug. 17, according to a bourse filing on Tuesday.

The fund manager now holds 292,532 voting rights, equivalent to 29.3 million shares, based on the company's total outstanding voting rights of 2.67 million as of June 30.

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