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Elph Investments Increases Stake in Engenco Limited

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Elph Investments Increases Stake in Engenco Limited

Confident Investing Starts Here:

The latest update is out from Engenco Limited ( (AU:EGN) ).

Elph Investments Pty Ltd, part of the Elphinstone Group, has increased its voting power in Engenco Limited, a company in which it holds a substantial interest. The group’s voting power has risen from 68.53% to 69.56% following the acquisition of additional shares through an off-market takeover bid. This change in voting power indicates a strengthening of Elph Investments’ influence over Engenco, potentially impacting the company’s strategic decisions and stakeholder interests.

More about Engenco Limited

Average Trading Volume: 96,490

Technical Sentiment Signal: Hold

Current Market Cap: A$90.06M

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

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