SiteMinder Limited ( (AU:SDR) ) has issued an announcement.
SiteMinder Limited has announced that Comet Asia Holdings II Pte. Ltd., Comet Asia Holdings I Pte. Ltd., KKR Asia III Fund Investments Pte. Ltd., and KKR Asian Fund III L.P. have collectively become substantial holders of the company as of April 23, 2025. These entities, collectively referred to as KKR Entities, now hold a 5.01% voting power in SiteMinder Limited through their acquisition of 14,061,801 fully paid ordinary shares. This development signifies a notable investment by KKR Entities, potentially impacting SiteMinder’s strategic direction and market positioning, while also indicating a vote of confidence in the company’s future prospects.
More about SiteMinder Limited
YTD Price Performance: -34.77%
Average Trading Volume: 1,397,511
Technical Sentiment Signal: Buy
Current Market Cap: A$1.11B
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