Regal Funds Bolsters Stake in Synertec Corp

Synertec Corporation Limited (AU:SOP) has released an update.

Synertec Corporation Limited has experienced a significant change in its shareholder structure, with Regal Funds Management Pty Limited and its associates increasing their voting power to 15.09%, as evidenced by the acquisition of additional shares. The change, which involved a purchase of 37.5 million ordinary shares, positions Regal Funds Management as a substantial stakeholder in Synertec, reflecting a notable shift in the company’s investment profile.

For further insights into AU:SOP stock, check out TipRanks’ Stock Analysis page.