An announcement from Karoon Energy Ltd ( ($AU:KAR) ) is now available.
Karoon Energy Ltd has announced that First Sentier Investors Holdings Pty Limited and its associated entities, which are linked to Mitsubishi UFJ Financial Group, have become substantial holders in the company, holding a significant voting power. This development may influence Karoon Energy’s corporate governance and strategic decisions due to the substantial stake and voting power now controlled by First Sentier Investors and its associates.
More about Karoon Energy Ltd
YTD Price Performance: 0.80%
Average Trading Volume: 4,491
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $667.2M
For an in-depth examination of KAR stock, go to TipRanks’ Stock Analysis page.
