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Sihayo Gold’s Shareholding Shifts with Takeover Bid

Sihayo Gold Limited (AU:SIH) has released an update.

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Sihayo Gold Limited has experienced a significant change in shareholding, with Provident Aurum and associates increasing their voting power from 92.85% to 93.91% through an off-market takeover bid. The acquisition involved purchasing 129,140,905 ordinary shares at 0.225 cents each, indicating a bolstered control by Provident Aurum over the company.

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

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