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Taiga Building Products Faces Major Shareholding Change

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Taiga Building Products Faces Major Shareholding Change

Taiga Building Prod (TSE:TBL) has released an update.

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Taiga Building Products Ltd. reveals a significant shift in its major shareholding, as Dr. Kooi Ong Tong, through TKO Pte Ltd., has acquired a substantial portion of Avarga Limited, Taiga’s largest shareholder. This acquisition gives Dr. Tong control over 69.7% of Taiga’s shares, potentially impacting the company’s future market dynamics.

For further insights into TSE:TBL stock, check out TipRanks’ Stock Analysis page.

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