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Star Entertainment Announces New Substantial Shareholder

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Star Entertainment Announces New Substantial Shareholder

The latest announcement is out from Star Entertainment Group Limited ( (AU:SGR) ).

The Star Entertainment Group Limited has announced that State Street Corporation and its subsidiaries have become substantial shareholders, holding 5.12% of the company’s voting power. This development is significant as the company’s constitution and agreements with regulatory bodies limit any individual from holding more than 10% voting power, ensuring compliance with shareholding restrictions.

More about Star Entertainment Group Limited

The Star Entertainment Group Limited operates in the entertainment and hospitality industry, focusing on casino and gaming services. The company is known for its integrated resorts and entertainment venues across Australia, catering to a diverse market of local and international visitors.

YTD Price Performance: -9.92%

Average Trading Volume: 192,304

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $196.3M

See more insights into SGR stock on TipRanks’ Stock Analysis page.

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