Mobile social networking company MOKO.mobi (ASX:MKB) has disclosed it has a new substantial shareholder.
Earl Fiduciary AG, as the trustee of the Adestra Trust, now owns a 7.33% stake in the company with 10 million shares, MOKO.mobi said in a regulatory filing.
The trust paid $1 million for the holding. MKB shares stayed unchanged on Wednesday to close at $0.090.
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