East 33 Limited (AU:E33) has released an update.
East 33 Limited has been the subject of an off-market takeover bid by Yumbah Aquaculture Ltd, as disclosed in a mandatory notice. The notice revealed no change in Yumbah’s substantial holding in East 33, maintaining a 55.825% voting power, identical to what was reported in the last notice. This move by Yumbah Aquaculture indicates a strategic consolidation in the aquaculture industry.
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