Mitsubishi UFJ Gains Key Stake in ARB Corporation

ARB Corporation Limited (AU:ARB) has released an update.

Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in ARB Corporation Limited as of August 22, 2024, with a significant voting power of over 20% in Morgan Stanley and 100% in First Sentier Investors Holdings Pty Limited. This move has resulted in an interest in over 4 million fully paid ordinary shares, marking a notable shift in ARB Corporation’s shareholding landscape.

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