Mitsubishi UFJ Ends Major Stake in Genex Power
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Mitsubishi UFJ Ends Major Stake in Genex Power

Genex Power Ltd. (AU:GNX) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Genex Power Limited, as detailed in a recent Form 605 filing. The document, dated 11 July 2024, outlines a series of transactions involving the purchase, receipt, and sale of Genex Power’s fully paid ordinary shares by entities controlled by Morgan Stanley. These transactions occurred over a period beginning 7 June 2024 and culminating on 1 July 2024, reflecting a dynamic shift in the company’s ownership structure.

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