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Hotel Property Investments Ltd. ( (AU:HPI) ) has shared an announcement.
Hotel Property Investments Ltd. has announced a change in the interests of its substantial holder, Charter Hall Wholesale Management Limited, acting as a trustee for various investment trusts. The substantial holder’s voting power in Hotel Property Investments has increased from 65.36% to 66.70% due to the acquisition of additional securities, reflecting the acceptance of an off-market takeover bid. This change signals a strategic consolidation of Charter Hall’s stake in Hotel Property Investments, potentially impacting the company’s market position and shareholder dynamics.
More about Hotel Property Investments Ltd.
YTD Price Performance: 0.0%
Average Trading Volume: 515,134
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$736.1M
See more data about HPI stock on TipRanks’ Stock Analysis page.
