Abacus Property Group ( (AU:ABG) ) has issued an announcement.
Abacus Property Group has announced a change in the interests of its substantial holder, with Calculator Australia Pty Ltd transferring its stake to Ki Corporation Limited. This off-market transfer, valued at approximately $553 million, maintains the voting power of the substantial holder at 49.99%. The transaction reflects a strategic realignment within the group’s stakeholders, potentially impacting its governance and decision-making processes.
More about Abacus Property Group
Abacus Property Group is a company involved in property investment and development. It operates primarily in the real estate sector, focusing on acquiring, managing, and developing property assets to generate income and capital growth.
YTD Price Performance: -0.91%
Average Trading Volume: 602,569
Technical Sentiment Signal: Buy
Current Market Cap: A$974.1M
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