Nick Scali Limited (AU:NCK) has released an update.
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Pinnacle Investment Management Group Limited has become a significant investor in Nick Scali Limited, boasting a 6.08% stake following their recent acquisition of a funds management business. This development, which positions Pinnacle as a substantial holder in the furniture retailer, reflects the company’s strategic expansion in its portfolio. Interested parties are directed to contact Calvin Kwok, the Company Secretary, for more information.
For further insights into AU:NCK stock, check out TipRanks’ Stock Analysis page.