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Asiamet Resources Sees Increase in Major Shareholding

Story Highlights
  • PT BUMA International Group Tbk increased its voting rights in Asiamet Resources to 42.02%.
  • The acquisition enhances PT BUMA’s influence over Asiamet Resources, affecting strategic decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Asiamet Resources Sees Increase in Major Shareholding

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Asiamet Resources ( (GB:ARS) ) has shared an announcement.

Asiamet Resources Limited, a non-UK issuer, has announced a change in major shareholding. PT BUMA International Group Tbk, based in Indonesia, has increased its voting rights in Asiamet Resources to 42.02% from a previous 40.17%. This acquisition signifies a stronger influence of PT BUMA International Group Tbk over Asiamet Resources, potentially impacting the company’s strategic decisions and stakeholder interests.

More about Asiamet Resources

Average Trading Volume: 2,382,731

Technical Sentiment Signal: Buy

Current Market Cap: £28.41M

Learn more about ARS stock on TipRanks’ Stock Analysis page.

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