JPMorgan Increases Stake in Lotus Resources

Lotus Resources Limited (AU:LOT) has released an update.

JPMorgan Chase & Co. and its affiliates have increased their voting power in Lotus Resources Ltd from 5.37% to 6.48% due to recent changes in their holding structure. The changes, which occurred on September 5, 2024, include various transactions such as loans, securities lending, and proprietary trading. These adjustments reflect a notable change in the financial landscape of the substantial holder’s interest in the company.

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