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Maybank Securities Exits Substantial Holder Position in Neurotech International

Story Highlights
  • Neurotech International reported that Maybank Securities has ceased being a substantial shareholder.
  • Maybank’s exit involved 59,597,522 Neurotech shares, about 4.52 percent of voting capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maybank Securities Exits Substantial Holder Position in Neurotech International

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An announcement from Neurotech International ( (AU:NTI) ) is now available.

Neurotech International has disclosed that Maybank Securities Pte. Ltd. has ceased to be a substantial holder in the company. The notice records that Maybank transferred or otherwise disposed of its relevant interest in 59,597,522 ordinary shares, representing about 4.52% of Neurotech’s voting capital, reducing its ownership below the substantial shareholder threshold and potentially widening the company’s share register.

More about Neurotech International

Neurotech International Ltd is an Australia-listed company focused on neurological technologies and related healthcare solutions. Its shares trade on the ASX under the code NTI, attracting institutional and retail investors active in small- to mid-cap health and biotech names.

Average Trading Volume: 1,489,364

Technical Sentiment Signal: Sell

Current Market Cap: A$16.47M

Find detailed analytics on NTI stock on TipRanks’ Stock Analysis page.

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