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WA Kaolin Ltd. Substantial Holder’s Voting Power Dilutes

WA Kaolin Ltd. (AU:WAK) has released an update.

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WA Kaolin Ltd. reports a change in substantial holding by Century Horse Limited (CHL Group) and Mr Cheng-Chen Hu, with their combined voting power in WA Kaolin decreasing to 12.2% following a company placement on July 30, 2024. Despite the number of held shares remaining unchanged at 63,567,618, the dilution resulted from an increase in total WA Kaolin shares on issue.

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

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