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Mitsubishi UFJ Financial Group Alters Stake in Shopping Centres Australasia

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Mitsubishi UFJ Financial Group Alters Stake in Shopping Centres Australasia

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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) has shared an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Shopping Centres Australasia Property Group RE, as indicated by the recent changes in their voting securities. This change involves the purchase of securities by entities controlled by First Sentier Group Limited and Morgan Stanley, reflecting a shift in the company’s investment strategy and potentially impacting its influence within the company.

The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.40 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.

More about Shopping Centres Australasia Property Group RE

Average Trading Volume: 2,549,131

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.76B

For detailed information about RGN stock, go to TipRanks’ Stock Analysis page.

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