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MUFG Becomes a Major Shareholder in Westgold Resources
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MUFG Becomes a Major Shareholder in Westgold Resources

Westgold Resources Ltd (AU:WGX) has released an update.

Westgold Resources Ltd has reported that Mitsubishi UFJ Financial Group (MUFG) and its wholly-owned subsidiary First Sentier Investors have become substantial holders in the company, with a combined relevant interest in 35,135,873 fully paid ordinary shares. This transition took effect on April 19, 2024, with MUFG indirectly holding full voting power over these shares through its ownership structure. The acquisition solidifies MUFG and First Sentier Investors’ influence in Westgold Resources, marking a significant movement in the company’s shareholder composition.

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

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