Queensgate Investments Gains Substantial Stake in AVJennings

Avjennings Limited (AU:AVJ) has released an update.

Queensgate Investments Pty Ltd has become a substantial holder in AVJennings Limited, acquiring a 5.39% voting power through 30,078,608 fully paid ordinary shares. This strategic move was facilitated through associations with entities like HB Land Pty Ltd and Ho Bee Land Limited, highlighting a significant investment interest in AVJennings by parties under the common control of Chua Thian Poh.

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