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Mitsubishi UFJ Becomes Major Shareholder in Appen Ltd.

Mitsubishi UFJ Becomes Major Shareholder in Appen Ltd.

Appen Ltd. (AU:APX) has released an update.

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Appen Ltd. has announced that First Sentier Investors Holdings Pty Limited and its ultimate parent, Mitsubishi UFJ Financial Group, have become substantial holders in the company as of September 10, 2024, with a combined voting power in 11,176,893 shares. This strategic move reflects Mitsubishi UFJ Financial Group’s broader investment strategy and marks a significant shift in Appen Ltd.’s shareholder structure.

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