Mighty Kingdom Ltd ( (AU:MKL) ) has provided an update.
Mighty Kingdom Ltd has seen a change in the interests of its substantial holder, the Yeend Group, which includes Gamestar Studios Pty Ltd, Yeend Superannuation Pty Ltd, and Imagination Entertainment Pty Ltd. The Yeend Group has increased its voting power from 10.78% to 13.05% through a series of on-market purchases. This increase in voting power suggests a strategic move by the Yeend Group to strengthen its influence within Mighty Kingdom Ltd, potentially impacting the company’s future decisions and stakeholder dynamics.
More about Mighty Kingdom Ltd
Technical Sentiment Signal: Buy
Current Market Cap: A$1.3M
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