APAC Resources (HK:1104) has released an update.
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APAC Resources Limited has increased its stake in Paladin Energy by acquiring an additional 100,000 shares, now holding a total of 2,270,000 shares, representing 0.76% of Paladin’s issued share capital. This acquisition, combined with previous purchases within the last 12 months, totals an investment of AUD13,645,120. The series of acquisitions marks a strategic move by APAC Resources to strengthen its position in the energy market.
For further insights into HK:1104 stock, check out TipRanks’ Stock Analysis page.
