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Centrex Limited’s Shares Transferred to PRL Global Limited

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Centrex Limited’s Shares Transferred to PRL Global Limited

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The latest announcement is out from Centrex Limited ( (AU:CXM) ).

Centrex Limited, currently under voluntary administration, is undergoing a significant transition as the Federal Court of Australia has approved the transfer of all its shares to PRL Global Limited. This move, facilitated by Deed Administrators from FTI Consulting, will result in Centrex becoming a wholly owned subsidiary of PRL, marking the end of its external administration and potentially stabilizing its operations.

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.

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