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TasFoods Substantial Holder Voting Power Shifts
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TasFoods Substantial Holder Voting Power Shifts

TasFoods Limited (AU:TFL) has released an update.

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TasFoods Limited has reported a change in substantial holding by the Motor Trades Association of Australia Superannuation Fund Pty Limited as Trustee for Spirit Super, with a decrease in voting power from 13.90% to 12.70%, following an agreement to merge with CARE Super Pty Ltd. The merger, characterized as a ‘successor fund transfer,’ has affected 55,493,605 votes, maintaining the same number of voting shares but altering the voting power due to changes in the total voting shares of the company.

For further insights into AU:TFL stock, check out TipRanks’ Stock Analysis page.

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