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Enechange Ltd. ( (JP:4169) ) just unveiled an update.
ENECHANGE Ltd. has completed a strategic company split and stock transfer, forming a joint venture with CHUBU Electric Power Miraiz Co., Inc. for its EV charging business. The new entity, now named Miraiz ENECHANGE Ltd., will see CHUBU Electric Power Miraiz holding a 51% stake, while ENECHANGE retains 49%, indicating a shift in operational control and potentially enhancing the business’s market reach and capabilities.
More about Enechange Ltd.
ENECHANGE Ltd. operates in the energy sector, focusing on providing services related to electric vehicle (EV) charging. The company is involved in the development and management of EV charging infrastructure, catering to the growing demand for sustainable transportation solutions.
YTD Price Performance: -14.53%
Average Trading Volume: 483,058
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen13.01B
Learn more about 4169 stock on TipRanks’ Stock Analysis page.