Avance Gas Holding (AVACF) has released an update.
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Avance Gas Holding Ltd plans to wind up and return remaining capital to shareholders, with a special general meeting set for February 2025 to approve a capital reduction. The company aims for a tax-efficient capital repayment coinciding with its fourth-quarter 2024 reporting. Liquidation discussions are underway, with the process expected to start in the second quarter of 2025.
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