Lendlease Group (AU:LLC) has released an update.
HMC Capital Limited, along with its related entities, has become a substantial holder in Lendlease Corporation Limited, acquiring a 5.01% voting power through ownership of 34,548,408 shares. The acquisition positions HMC Capital as a significant player in Lendlease’s financial landscape, reflecting a strategic move in the investment community. The details of this new substantial holding were formalized on April 8, 2024, marking a notable shift in Lendlease’s shareholder structure.
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