PSC Insurance Group Ltd. (AU:PSI) has released an update.
Mitsubishi UFJ Financial Group, Inc., a substantial shareholder in PSC Insurance Group Ltd., has ceased to hold that position, according to the latest filing. The company’s series of transactions included both the purchase and sale of securities, as well as the return of collateral by entities controlled by Morgan Stanley. This marks a notable change in the company’s stakeholder landscape, which could interest shareholders and market watchers alike.
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