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An update from Vonex Limited ( (AU:VN8) ) is now available.
The Supreme Court of New South Wales has approved Vonex Limited’s scheme of arrangement for Maxo Telecommunications Pty Ltd to acquire all remaining shares in Vonex. As a result, Vonex will lodge the court’s orders with the Australian Securities and Investments Commission, making the scheme legally effective, and its shares will be suspended from trading on the ASX. The delisting of Vonex from the ASX is scheduled for October 21, 2025, marking a significant change in its market presence.
More about Vonex Limited
Vonex Limited is a telecommunications company that provides infrastructure solutions and hosted PBX and VoIP services primarily to small to medium enterprises. The company also develops new telecommunications technologies, including a cloud-hosted PBX system, and offers wholesale services to internet service providers.
Average Trading Volume: 87,016
Technical Sentiment Signal: Hold
Current Market Cap: A$26.34M
See more insights into VN8 stock on TipRanks’ Stock Analysis page.