Source - RNS
RNS Number : 6190M
Asset Value Investors Ltd
12 May 2020
 

Asset Value Investors Ltd

 

Asset Value Investors (AVI) launches a campaign calling for Fujitec (TSE6406) to adopt fundamental reforms

 

Asset Value Investors (AVI), on behalf of institutional clients, is a 3.4% shareholder in Fujitec, a top ten global elevator and escalator manufacturer by revenues. 

We have today launched a campaign calling for Fujitec to adopt fundamental reforms after years of poor performance.

Given Fujitec's chronic undervaluation and the huge opportunity to expand margins, adopting these measures should lead to substantial upside for shareholders.  

 

A copy of our letter to Fujitec's Board of Directors and presentation outlining our measures to improve shareholder value can be found by clicking on the following link:   

https://www.takingfujitectothenextlevel.com/

 

Enquiries:

Daniel Lee ( [email protected] )

 

 


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