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PWR Holdings Substantial Holder Voting Power Decreases

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PWR Holdings Substantial Holder Voting Power Decreases

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An update from PWR Holdings Ltd. ( (AU:PWH) ) is now available.

PWR Holdings Ltd. has announced a significant change in the voting power of its substantial holder, Kees Weel and associated entities. The change involves a decrease in voting power from 16.7% to 10.0% due to a change of control of the corporate trustee of the family trust and cessation of Kees Weel as a beneficiary. This shift in voting power may impact the company’s governance and influence the strategic decisions made by its board, potentially affecting stakeholders and the company’s future direction.

More about PWR Holdings Ltd.

YTD Price Performance: 0.81%

Average Trading Volume: 588

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $485.6M

See more data about PWH stock on TipRanks’ Stock Analysis page.

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