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Caravel Group emerges as Pacific Basin’s largest shareholder

Summary by Splash247
Harry Banga-led Caravel Group has confirmed it has become the leading shareholder in Pacific Basin, but has denied rumours it is looking at a possible takeover of the dry bulk giant.  In a release sent to the Hong Kong Stock Exchange, Caravel revealed it now controls 16% of the total issued share capital of Pacific …
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Splash247 broke the news in on Thursday, June 26, 2025.
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