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Market Mover | Lifestyle Communities shares surge 11% following the announcement that HMC has become a significant shareholder of the company

Moomoo News ·  Nov 4 20:36

$Lifestyle Communities Ltd (LIC.AU)$ shares surged 11.48% on Tuesday. The company announced that $HMC Capital Ltd (HMC.AU)$ become a significant shareholder of the company, holding a 2.69% voting stake and 3,273,422 fully paid ordinary shares. This strategic move by the HMC Capital Group may signal a growing interest in Lifestyle Communities.

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