Intelligent Monitoring Group Limited (AU:IMB) has released an update.
MA Financial Group Limited and its subsidiaries have become a substantial holder in Intelligent Monitoring Group Limited, acquiring a 5.11% voting power through 15,417,461 ordinary shares. The acquisition positions MA Financial as a significant player in the decision-making process of the Intelligent Monitoring Group due to its ability to exercise voting rights and control over the disposal of these shares. This move could indicate strategic interest and potential influence in the operations and governance of the monitored intelligence solutions provider.
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