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Eureka Group Holdings Sees Increase in Substantial Holder’s Voting Power

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Eureka Group Holdings Sees Increase in Substantial Holder’s Voting Power

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The latest announcement is out from Eureka Group Holdings Limited ( (AU:EGH) ).

Eureka Group Holdings Limited has seen a change in the interests of a substantial holder, Filetron Pty Ltd, which acts as a trustee for the Hunter Discretionary Trust. The company operates in the real estate sector, focusing on providing affordable rental accommodation for seniors. The notice indicates that Filetron’s voting power in Eureka Group Holdings has increased from 27.36% to 28.06% due to recent acquisitions of ordinary shares. This change in holdings could potentially impact the company’s governance and decision-making processes, reflecting an increased influence by Filetron and its associated entities.

The most recent analyst rating on (AU:EGH) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Eureka Group Holdings Limited stock, see the AU:EGH Stock Forecast page.

More about Eureka Group Holdings Limited

Average Trading Volume: 1,156,273

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$239.7M

See more data about EGH stock on TipRanks’ Stock Analysis page.

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