Flashlight Capital Urges Secom to Raise Stake in Korea’s S-1

AI Summary

Activist investor Flashlight Capital Partners is urging Japan’s Secom to roughly double its stakes in South Korea’s S-1 Corp. and Taiwan Secom. The push follows the rejection of Flashlight’s earlier attempt to acquire a stake in S-1.

Activist investor Flashlight Capital Partners urged Japan’s Secom Co. to roughly double its interest in South Korea’s S-1 Corp. and Taiwan Secom Co., roping in a new party after its earlier bid to acquire an S-1 stake was rejected.