Soco Corporation Ltd (AU:SOC) has released an update.
Soco Corporation Ltd has reported a change in substantial holding by Ulin Holdings Pty Ltd, with the substantial holder’s voting power decreasing from 15.84% to 14.50% due to the dilution from newly issued shares. The dilution occurred as part of Soco’s acquisition of Axsym Technology Pty Ltd, with no consideration given for the change in voting power.
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