Credit Corp Group Limited (AU:CCP) has released an update.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Credit Corp Group Limited, securing a relevant interest in over 3.7 million fully paid ordinary shares, which translates to a 5.43% voting power. The shares are held through various entities, including Morgan Stanley and First Sentier Investors Holdings Pty Limited, with Mitsubishi UFJ Financial Group, Inc. holding 100% voting power over First Sentier. This strategic move by one of the world’s largest financial groups signifies a notable shift in Credit Corp’s shareholder composition.
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