ARB Corporation Limited (AU:ARB) has released an update.
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Mitsubishi UFJ Financial Group, Inc. has emerged as a substantial holder in ARB Corporation Ltd, wielding a 5.15% voting power through fully paid ordinary shares. This significant stake is linked to Mitsubishi UFJ’s interests via First Sentier Investors Holdings and Morgan Stanley, highlighting strategic alignments in their investment approach. Investors might view this development as an influential move in ARB Corporation’s stock dynamics.
For further insights into AU:ARB stock, check out TipRanks’ Stock Analysis page.