FirstCape Group Acquires Major Stake in KMD Brands

KMD Brands Limited (AU:KMD) has released an update.

FirstCape Group Limited has announced a substantial holding in KMD Brands Limited, now owning 5.006% of the company with 35,627,433 ordinary shares. This significant investment has been made through FirstCape’s subsidiaries, Harbour Asset Management Limited and BNZ Investments Services Limited. The acquisition positions FirstCape as a major player in KMD Brands’ financial landscape, reflecting a strategic move in the market.

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