Mitsubishi UFJ Becomes Major Australian Clinical Labs Stakeholder
Company Announcements

Mitsubishi UFJ Becomes Major Australian Clinical Labs Stakeholder

Australian Clinical Labs Ltd (AU:ACL) has released an update.

Mitsubishi UFJ Financial Group, Inc. has acquired a 5.01% stake in Australian Clinical Labs Limited, marking its position as a substantial holder in the company. This significant move, documented in the Form 603 under the Corporations Act 2001, was announced after the group obtained voting power over a substantial number of fully paid ordinary shares. The financial group’s relevant interest spans several tranches of shares, with a considerable influence in both Morgan Stanley and First Sentier Investors Holdings Pty Limited as detailed in the notice.

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