Nick Scali Limited (AU:NCK) has released an update.
Pinnacle Investment Management Group Limited has become a significant investor in Nick Scali Limited, boasting a 6.08% stake following their recent acquisition of a funds management business. This development, which positions Pinnacle as a substantial holder in the furniture retailer, reflects the company’s strategic expansion in its portfolio. Interested parties are directed to contact Calvin Kwok, the Company Secretary, for more information.
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