Eumundi Group Limited (AU:EBG) has released an update.
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SEQ Hospitality Group Pty Ltd has significantly increased its stake in Eumundi Group Limited, boosting its voting power from 43.71% to 67.69% after acquiring additional ordinary shares through an off-market takeover bid. This strategic move underscores the growing influence of SEQ Hospitality Group within the company, reflecting a strong interest in consolidating its position in the market.
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