OFA Group Completes Acquisition of Former Tokawaen Property in Japan; Shares Rise

MT newswire2026/10/09 17:36

01:36 PM EDT, 10/09/2026 (MT Newswires) -- OFA Group (OFAL) shares were up 39.7% in Friday trading after the company said its OFA Japan Asset Management subsidiary has completed the acquisition and title registration of the former Tokawaen property in Choshi, Japan. OFA said it plans to explore developing the site as a premium, private-pay senior living and wellness community. The project remains at an early conceptual stage, and OFA said it has not filed a development application with the local government. Price: 0.58, Change: +0.16, Percent Change: +39.69

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