Olympus shares soared after the company escaped delisting

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Source: BBC
Olympus shares surged 7% after the company avoided being delisted from the Tokyo Stock Exchange.  The company was accused of accounting malpractice worth USD1.7 billion. The TSE put the company on close watch and imposed a fine of USD130,000. The decision of TSE implies that Olympus will still have access to the equity capital.


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