Intelligent Monitoring Group Limited (AU:IMB) has released an update.
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Intelligent Monitoring Group Limited has announced a significant change in the shareholding of its substantial holder, Black Crane Asia Pacific Opportunities Fund. The fund has decreased its voting power from 46.98% to 36.7% after selling 15,625,000 ordinary shares for $7.5 million. This shift in ownership could potentially impact the company’s decision-making dynamics.
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