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TOKYO (Reuters) – Saudi Arabia’s Public Mutual fund (PIF) is taking into consideration elevating its risks in Nintendo and various other Japanese video gaming firms, Kyodo Information reported on Saturday.
Royal prince Faisal container Bandar container Sultan Al Saud, vice chair of the sovereign riches fund’s video gaming system, divulged the strategy in a meeting with Kyodo.
He informed the Japanese information company that PIF is not in a thrill to raise its risks, which financial investments would certainly be made in a pleasant means. The Kyodo record did not define what he indicated by “pleasant”.
PIF presently possesses 8.58% of Nintendo and has risks in computer game firms Nexon, Capcom, and Koei Tecmo, Kyodo claimed.
( Coverage by Makiko Yamazaki; Modifying by Sonali Paul)
