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Balmuda Outside Director Bought Shares before Biz Announcement

Balmuda Outside Director Bought Shares before Biz Announcement

   Tokyo, Nov. 19 (Jiji Press)--An outside board director at Balmuda Inc. <6612> bought shares of the Japanese home electronics maker immediately before it announced its entry in the mobile handset business, the company said Thursday.
   The director, Jins Holdings Inc. <3046> CEO Hitoshi Tanaka, bought the shares on May 13, violating Balmuda's rules on insider trading, the company said.

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AFP-JIJI PRESS NEWS JOURNAL


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