Pinnacle Investment Management Group Limited (AU:PNI) has released an update.
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Pinnacle Investment Management Group Limited (Pinnacle), has announced its emergence as a substantial holder in Nick Scali Limited, with a 6.08% voting power through an affiliated fund manager’s recent acquisition of a funds management business. This strategic move by Pinnacle underscores its expanding influence in the financial markets. The company is now poised to play a significant role in the governance of Nick Scali Limited.
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