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Highcon Systm Announces Major Shareholding Changes

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Highcon Systm Announces Major Shareholding Changes

The latest announcement is out from Highcon Systm ( (IL:HICN) ).

Highcon Systm has announced a significant change in the holdings of its securities, involving HND Investments Ltd and Nusha Holdings Ltd, both incorporated in Israel. The recent transaction has resulted in an increase in HND Investments’ holdings of ordinary shares to 10.28% from a previous 1.25%, following a one-time transaction involving the issuance of shares according to a prospectus. Similarly, Nusha Holdings Ltd also increased its securities holdings under the same conditions. These changes suggest a strategic realignment in the composition of Highcon Systm’s shareholders, potentially affecting its governance structure and market positioning.

More about Highcon Systm

YTD Price Performance: -69.03%

Average Trading Volume: 358,857

Current Market Cap: ILS14.42M

Learn more about HICN stock on TipRanks’ Stock Analysis page.

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