Sierra Rutile Holdings Limited (AU:SRX) has released an update.
Sierra Rutile Holdings Limited (SRX) has experienced a significant change in ownership as Leonoil Company Limited, along with its subsidiaries and associates Vincent L Kanu Jnr. and Mohamed B Cole, have increased their voting power to 80.77% through an off-market takeover bid and on-market purchases. The voting power previously reported was 75.39%, marking a substantial increase in their control over the company.
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