Star Entertainment Group Limited (AU:SGR) has released an update.
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JPMorgan Chase & Co. and its affiliates have become a substantial holder in The Star Entertainment Group Limited with a 5.47% voting power, as disclosed in a recent regulatory filing. The firm’s relevant interests in the company’s voting securities comprise a mix of securities on loan, securities subject to return under lending agreements, and direct purchases. This new substantial holding by a major financial institution signals a notable change in The Star Entertainment Group’s shareholder profile.
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