Platinum Asset Management Ltd (AU:PTM) has released an update.
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Platinum Asset Management Ltd has announced that Mitsubishi UFJ Financial Group, Inc. has become a substantial holder with a 5.19% voting power as of August 19, 2024, through various securities. Mitsubishi UFJ Financial Group, Inc. holds relevant interests in several fully paid ordinary shares, with the largest number being over 30 million shares. This strategic move by Mitsubishi UFJ indicates its significant influence in Platinum Asset Management, potentially impacting the company’s future direction.
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