Yumbah Aquaculture Bolsters Stake in East 33 Limited

Yumbah Aquaculture Bolsters Stake in East 33 Limited

East 33 Limited (AU:E33) has released an update.

East 33 Limited has experienced a significant change in its shareholder structure, with Yumbah Aquaculture Ltd increasing its voting power from 69.61% to 71.14% through acquisitions of shares. The increase is a result of Yumbah accepting the offers made in its off-market takeover bid and additional on-market acquisitions. This substantial change consolidates Yumbah’s position as a major player in the ownership of East 33 Limited.

For further insights into AU:E33 stock, check out TipRanks’ Stock Analysis page.

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