Motorcycle Holdings Ltd. (AU:MTO) has released an update.
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Hamish Douglass and Associates have become significant shareholders in Motorcycle Holdings Limited, acquiring a 9.44% voting share with 6,968,915 fully paid ordinary shares. The acquisition, which includes shares in associated entities Chatham Pty Ltd and Midas Touch Investments Pty Ltd, involved a consideration of over $5.2 million for a portion of the shares. This move indicates a substantial new investment interest in the company by a major player in the market.
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