Sihayo Gold Limited (AU:SIH) has released an update.
Provident Aurum Pte. Ltd. and associates have significantly increased their stake in Sihayo Gold Limited, with their voting power in the company surging from 64.37% to 68.08% through an off-market takeover bid. They acquired additional ordinary shares at 0.225 cents each, raising their voting shares by 451,734,803, indicating a strategic move in their investment. This change reflects a notable shift in the company’s substantial holdings, potentially impacting Sihayo Gold Limited’s future direction.
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