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FirstCape Group Acquires Substantial Stake in Freightways

FirstCape Group Acquires Substantial Stake in Freightways

Freightways (FTWYF) has released an update.

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FirstCape Group Limited has announced a substantial holding in Freightways Group Limited, amassing 5.43% of the company’s ordinary shares. This position, held through FirstCape’s subsidiaries Jarden Wealth Limited and Harbour Asset Management Limited, reflects a combined total of over 9.6 million shares. This new stake signifies a strategic interest by FirstCape in the logistics and transportation provider, marking a notable entry in the financial markets.

For further insights into FTWYF stock, check out TipRanks’ Stock Analysis page.

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