East 33 Limited (AU:E33) has released an update.
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Yumbah Aquaculture Ltd (YAL) has increased its substantial holding in East 33 Limited from 81.05% to 82.50% through acquisitions related to an off-market takeover offer and on-market purchases. The transactions, which took place on October 10, 2024, involved over 11 million shares and solidified YAL’s position as a major shareholder in the company. The change in ownership stakes indicates a strategic move by YAL, potentially signaling confidence in East 33 Limited’s future.
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