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First Sentier Investors Ceases Substantial Holding in Shopping Centres Australasia

Story Highlights
  • First Sentier Investors is no longer a substantial holder in Shopping Centres Australasia.
  • This change may affect the company’s influence in strategic decisions and stakeholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Sentier Investors Ceases Substantial Holding in Shopping Centres Australasia

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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) just unveiled an update.

First Sentier Investors has announced that it has ceased to be a substantial holder in Shopping Centres Australasia Property Group RE. This change in substantial holding may impact the company’s influence in the voting securities of the group, potentially affecting its strategic decisions and stakeholder interests.

The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.40 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.

More about Shopping Centres Australasia Property Group RE

Average Trading Volume: 2,559,679

Technical Sentiment Signal: Buy

Current Market Cap: A$2.76B

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

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