Mitsubishi UFJ Financial Group Ceases Substantial Holding in West African Resources

Story Highlights
  • Mitsubishi UFJ Financial Group no longer holds a substantial interest in West African Resources.
  • Morgan Stanley’s controlled entity purchased shares affecting Mitsubishi UFJ’s voting interests.
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Mitsubishi UFJ Financial Group Ceases Substantial Holding in West African Resources

An update from West African Resources Ltd ( (AU:WAF) ) is now available.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in West African Resources Ltd as of March 13, 2025. This change was due to the purchase of securities by an entity controlled by Morgan Stanley, which affected a significant number of fully paid ordinary shares, thereby altering the voting interests previously held by Mitsubishi UFJ Financial Group.

More about West African Resources Ltd

YTD Price Performance: 43.48%

Average Trading Volume: 17,997

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.51B

Find detailed analytics on WAF stock on TipRanks’ Stock Analysis page.

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