Home Consortium Ltd (AU:HMC) has released an update.
Perpetual Limited, along with its related entities, has emerged as a substantial holder in HMC Capital Limited, with a 5.286% voting power based on 19,245,904 ordinary shares as of May 30, 2024. This significant financial move, involving both cash and non-cash consideration, reflects Perpetual’s strategic interest in HMC, with detailed information on associated parties and acquisition considerations provided in the referenced annexures.
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