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Mitsubishi UFJ Becomes Major Syrah Resources Shareholder
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Mitsubishi UFJ Becomes Major Syrah Resources Shareholder

Syrah Resources Limited (AU:SYR) has released an update.

Mitsubishi UFJ Financial Group, Inc. has emerged as a substantial holder in Syrah Resources Limited, acquiring a significant number of fully paid ordinary shares, thereby gaining considerable voting power in the company. The shares in question include those with voting interests via Morgan Stanley and First Sentier Investors Holdings Pty Limited, with Mitsubishi UFJ Financial Group, Inc. holding over 20% and 100% voting power respectively in these entities. The disclosure, dated 18 April 2024, outlines the group’s relevant interests and registered holdings in Syrah Resources.

For further insights into AU:SYR stock, check out TipRanks’ Stock Analysis page.

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