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MUFG Acquires Substantial Holding in West African Resources

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MUFG Acquires Substantial Holding in West African Resources

An announcement from West African Resources Ltd ( (AU:WAF) ) is now available.

West African Resources Ltd has announced that Mitsubishi UFJ Financial Group (MUFG) has acquired a substantial holding in the company through its subsidiary, First Sentier Investors Holdings Pty Limited. This acquisition grants MUFG significant voting power and a relevant interest in the shares of West African Resources, potentially impacting the company’s governance and strategic direction.

More about West African Resources Ltd

YTD Price Performance: 47.83%

Average Trading Volume: 17,733

Technical Sentiment Signal: Sell

Current Market Cap: $1.66B

For an in-depth examination of WAF stock, go to TipRanks’ Stock Analysis page.

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