Frugl Group Limited (AU:FGL) has released an update.
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Obsidian Global GP LLC has emerged as a substantial shareholder in Frugl Group Limited, acquiring a 5.11% stake with 5,347,990 fully paid ordinary shares at a consideration of $0.1 per share on June 3, 2024. This strategic move by Obsidian Global GP LLC indicates a significant investment in the company, signaling potential confidence in Frugl Group’s market position and future prospects.
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