360 Capital Group Limited (AU:TGP) has released an update.
360 Capital Group’s substantial holder, 360 Capital FM Limited atf 360 Capital Diversified Property Fund, has increased its voting power in 360 Capital Mortgage REIT from 19.33% to 19.89% through recent on-market acquisitions. These transactions, executed between May and June 2024, resulted in the addition of 23,223 ordinary units to their holdings. This change in the substantial holder’s interest signifies a notable shift in the company’s ownership structure, potentially impacting its corporate governance dynamics.
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