Browsing: Stake

Pinnacle Investment Management Group Limited and its subsidiaries have reduced their shareholding in Coast Entertainment Holdings Limited (CEH) from 10.46% to 9.08% following a change in relevant interests on 20 July 2026. The reduction, disclosed through a Form 604 substantial holder notice, sees the investment group’s voting power fall below the 10% threshold, potentially signalling…

Market snapshot: Zee Entertainment Enterprises is exploring pathways to unlock substantial value from its music business, Zee Music Company. In an effort to raise liquidity and strengthen its balance sheet, the media conglomerate is planning to convert the business unit into a dedicated subsidiary ahead of a potential 49% stake sale. The proposed transaction is…