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Elanor Investors Group ( (AU:ENN) ) has provided an announcement.
Elanor Investors Group is actively working on stabilizing its balance sheet and managing its working capital needs as part of its asset realization program. The company has issued a Circulating Resolution to amend terms of its $40 million Corporate Notes, aiming to secure support from Noteholders and Keyview, its senior secured financier. Additionally, Elanor is providing regular updates to Challenger Life Company, following its acquisition of Challenger’s Australian real estate funds management business, to ensure continued support and monitor financial stability.
More about Elanor Investors Group
Elanor Investors Group (ASX:ENN) is a real estate investment and funds management group managing approximately $5.8 billion in assets across Australia and New Zealand. The company focuses on commercial office, retail, industrial, and healthcare sectors, with a track record of acquiring and enhancing real estate assets for income and capital growth.
Technical Sentiment Signal: Buy
Current Market Cap: A$121.7M
For an in-depth examination of ENN stock, go to TipRanks’ Stock Analysis page.