Genmin Ltd. (AU:GEN) has released an update.
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Genmin Ltd. has announced a change in the voting power of its substantial holder, Ndovu Capital and Tembo Capital, due to the issuance of new shares. The dilution resulted in their voting power decreasing from 48.30% to 38.65%, reflecting an increase in the total number of shares issued by the company. This development could influence the market perception of Genmin Ltd.’s stock as the company adjusts its share distribution.
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