Melbourne Securities Takes Substantial Stake in InteliCare Holdings

InteliCare Holdings Limited (AU:ICR) has released an update.

Melbourne Securities Corporation Ltd has become a substantial shareholder in InteliCare Holdings Limited, acquiring a total of 33,060,387 fully paid ordinary shares, representing a 6.82% voting power in the company. They achieved this substantial holding on August 30, 2024, through a series of acquisitions spanning from June to August of the same year. This strategic move by Melbourne Securities Corporation Ltd could signal a growing investor confidence in InteliCare’s market position and future.

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