KMD Brands Limited (AU:KMD) has released an update.
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FirstCape Group Limited has announced a substantial holding in KMD Brands Limited, with possession of just over 5% of the company’s ordinary shares. This position comprises shares controlled by FirstCape’s subsidiaries Harbour Asset Management Limited and BNZ Investments Services Limited, reflecting a combined relevant interest in a total of over 51 million shares. The financial maneuver positions FirstCape Group as a significant player in the KMD Brands investment landscape.
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