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Centrex Limited ( (AU:CXM) ) has issued an announcement.
Centrex Limited, currently under voluntary administration, and its subsidiary Agriflex Pty Ltd, have resolved to enter into a Deed of Company Arrangement (DOCA) with PRL Global Limited. This decision was made during the reconvened second meeting of creditors. The execution of the DOCA will involve the transfer of all Centrex shares to PRL, pending a court order, and is expected to impact shareholders, who are advised to seek legal and tax advice.
More about Centrex Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$14.75M
For an in-depth examination of CXM stock, go to TipRanks’ Overview page.