Mitsubishi UFJ Ends Major Stake in Platinum Asset Management

Platinum Asset Management Ltd (AU:PTM) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Platinum Asset Management Ltd, as detailed in their latest Form 605 filing. The notice outlines various transactions involving the purchase and sale of fully paid ordinary shares by entities controlled by First Sentier Investors Holdings Pty Ltd and Morgan Stanley. Significant changes in voting securities have occurred, marking a notable shift in the company’s investment landscape.

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