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First Sentier Investors Becomes Substantial Holder in Shopping Centres Australasia

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First Sentier Investors Becomes Substantial Holder in Shopping Centres Australasia

Confident Investing Starts Here:

Shopping Centres Australasia Property Group RE Ltd. ( (AU:RGN) ) has issued an announcement.

Shopping Centres Australasia Property Group RE Ltd. has announced that First Sentier Investors Holdings Pty Limited, a subsidiary of Mitsubishi UFJ Financial Group, has become a substantial holder in the company. This development indicates a significant shift in the ownership structure, potentially impacting the company’s strategic decisions and market positioning, as First Sentier Investors now holds considerable voting power in the company.

More about Shopping Centres Australasia Property Group RE Ltd.

YTD Price Performance: -6.07%

Average Trading Volume: 147

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.48B

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

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