Japan Regional Lender Jimoto Holdings Exits Govt Control

Japan Regional Lender Jimoto Holdings Exits Govt Control

Jimoto Holdings holds a general shareholders meeting in the city of Yamagata on Thursday.
Jimoto Holdings holds a general shareholders meeting in the city of Yamagata on Thursday.

   Yamagata, June 19 (Jiji Press)--Shareholders of Japan's Jimoto Holdings Inc. approved Thursday a plan to resume dividend payments on preferred shares held by the government, allowing the regional banking group to exit from effective government control.
   The plan was approved at a general shareholders meeting held in the northeastern Japan city of Yamagata.

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