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AustChina Holdings Director Increases Stake with Major Acquisition

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AustChina Holdings Limited ( (AU:AUH) ) just unveiled an announcement.

AustChina Holdings Limited announced a change in the director’s interest, with Mena Habib acquiring 20,000,000 ordinary shares and 20,000,000 unlisted options through a placement following shareholder approval, increasing his indirect holdings significantly. This change in director interests reflects a strategic decision likely aimed at strengthening the company’s leadership involvement, potentially impacting its market position and signaling confidence to stakeholders.

More about AustChina Holdings Limited

Current Market Cap: A$3.6M

See more insights into AUH stock on TipRanks’ Stock Analysis page.

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