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Centrex Limited Releases Explanatory Statement on Restructuring Efforts

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Centrex Limited Releases Explanatory Statement on Restructuring Efforts

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Centrex Limited ( (AU:CXM) ) just unveiled an update.

Centrex Limited, currently under a deed of company arrangement, has released an explanatory statement detailing the administration process and the formulation of the deed of company arrangement (DOCA). The statement includes key information about the conditions and effects of the DOCA, an independent expert’s report, and a Section 444GA application. The announcement outlines the potential impact on shareholders and the Australian income tax consequences, providing stakeholders with a comprehensive overview of the company’s current restructuring efforts.

More about Centrex Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$14.75M

Find detailed analytics on CXM stock on TipRanks’ Stock Analysis page.

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