Ex-Don Quijote head indicted over 2018 insider trading case

A former president of Japanese discount retailer Don Quijote Holdings Co., now known as Pan Pacific International Holdings Corp., was indicted Wednesday on a charge of being involved in a 2018 case of insider trading, prosecutors said.Koji Ohara, 57, illegally advised a male acquaintance several times in September 2018 to purchase Don Quijote shares for a profit before the announcement of a takeover bid for the company by FamilyMart Uny Holdings Co. in violation of the financial instruments and exchange law, according to the indictment.The acquaintance bought a total of 76,500 Don Quijote s…READ FULL ARTICLE