Star Entertainment Group Limited (AU:SGR) has released an update.
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JPMorgan Chase & Co. has become a substantial holder in Star Entertainment Group, acquiring a 5.06% voting power with over 145 million ordinary shares. This significant stake involves a mix of securities lending and proprietary trading, indicating JPMorgan’s strategic interest in the company. Investors in the financial markets may find this development noteworthy as it reflects potential shifts in the company’s shareholder dynamics.
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