West African Resources Ltd (AU:WAF) has released an update.
West African Resources Ltd has experienced a change in substantial holdings, with First Sentier Investors RQI Pty Ltd and its parent company, Mitsubishi UFJ Financial Group, now holding increased voting power in the company’s shares. This change, which reflects a rise from 5.97% to 8.24% in voting power, indicates a significant shift in the company’s shareholder structure and could impact its strategic direction.
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