Mighty Kingdom Ltd (AU:MKL) has released an update.
Mighty Kingdom Ltd has experienced a significant change in shareholder voting power, with Gamestar Studios and associated entities, collectively known as Yeend Group, reducing their stake from 14.32% to 1.69%. This change was primarily due to an on-market sale by Imagination, one of the entities within the Yeend Group, resulting in a substantial decrease in their voting rights within the company. The fluctuations in shareholding come amidst various transactions, both purchases, and sales, altering the landscape of Mighty Kingdom Ltd’s substantial holders.
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