Oakridge Internatinal Ltd (AU:OAK) has released an update.
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Oakridge International Limited experienced a significant shift in shareholder power, with Montague Capital Pty Ltd increasing its stake from 14.54% to 44.07% through a substantial placement worth $500,000. This strategic move, which occurred on June 21, 2024, pushes Montague Capital’s total voting shares to 11,898,496, solidifying its position as a key player in Oakridge’s financial landscape.
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