Flashlight Capital Urges Secom to Raise Stake in Korea’s S-1

Activist investor Flashlight Capital Partners urged Japan's Secom Co. to approximately double its stakes in South Korea's S-1 Corp. and Taiwan Secom Co. The proposal follows the rejection of Flashlight's prior bid to acquire an S-1 stake and introduces a new party, potentially renewing pressure on Secom's capital allocation and regional investment strategy.