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M&G Investments Becomes Major FBR Ltd Shareholder

M&G Investments Becomes Major FBR Ltd Shareholder

FBR Limited (AU:FBR) has released an update.

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M&G Investments (Singapore) Pte. Ltd. has become a substantial holder in FBR Ltd, acquiring a 10.06% voting power through 481,927,803 fully paid ordinary shares. This occurred on August 30, 2024, following their appointment as a sub-investment manager, a role they received without paying any consideration due to their association with M&G Investment Management Limited, which is a subsidiary of M&G Plc.

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