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Shopping Centres Australasia Property Group RE Ltd. ( (AU:RGN) ) just unveiled an announcement.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the Region Group, which includes Region Re Ltd, Region Management Trust, and Region Retail Trust. The change in substantial holding was due to a series of transactions involving the purchase and sale of securities by an entity controlled by Morgan Stanley. This announcement indicates a shift in the ownership structure of the Region Group, potentially affecting its market positioning and stakeholder interests.
More about Shopping Centres Australasia Property Group RE Ltd.
YTD Price Performance: 3.33%
Average Trading Volume: 147
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.56B
For a thorough assessment of RGN stock, go to TipRanks’ Stock Analysis page.