Belararox Ltd. (AU:BRX) has released an update.
The Bank of Nova Scotia, through its subsidiary 1832 Asset Management L.P., has become a substantial holder in Belararox Limited with a 9.38% stake, amounting to 9,500,000 common shares. Acquiring the shares at AUD 0.25 each, the transaction positions the Bank of Nova Scotia as a significant influencer in the company’s financial decisions. This movement in share ownership signals a noteworthy change in the company’s investment landscape, potentially impacting Belararox Limited’s market performance.
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