[Merchant Bankers Co., Ltd.] Estonian subsidiary EJTC announces the start of investment efforts in Estonian companies
*Merchant Bankers Co., Ltd.*
Press release: September 3, 2024
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Estonian subsidiary EJTC Announces the start of investment efforts in Estonian companies
Estonian Japan is an Estonian subsidiary of Merchant Bankers Co., Ltd. (hereinafter referred to as Merchant Co., Ltd.) and is listed on NASDAQ BALTIC.
Trading Company (EJTC) is also NASDAQ
We would like to inform you that we have decided to start investing in listed companies on BALTIC.
NASDAQ BALTIC is a stock exchange operated by Nasdaq, Inc. in the United States in the three Baltic countries (Estonia, Latvia, and Lithuania).
Estonia is known as an IT-advanced country that gave birth to Skype, which is used for remote meetings, but in addition to IT, Estonia is also involved in energy and electricity, as well as shipping and tourism due to its strategic location on the Baltic Sea. There are also characteristics in industries such as
We pick up cheap stocks that are listed on BALTIC and have low risk of decline in terms of dividend yield and book-to-book ratio, etc. We will continue to invest in BALTIC listed companies.
In conjunction with the investment business in semiconductor-related listed companies announced on August 5, 2024, the Merchant Company Group will begin the investment business in listed stocks, which have limited convertibility and risks compared to unlisted companies. We will strengthen our operations and improve profitability as an investment company.
More than that