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Elph Investments Increases Stake in Engenco Limited

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Elph Investments Increases Stake in Engenco Limited

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Engenco Limited ( (AU:EGN) ) just unveiled an announcement.

Elph Investments Pty Ltd, part of the Elphinstone Group, has increased its voting power in Engenco Limited from 72.01% to 83.10% through an acquisition of additional shares. This change in substantial holding reflects Elph Investments’ strategic move to consolidate its influence within Engenco, potentially impacting the company’s governance and strategic direction.

More about Engenco Limited

Average Trading Volume: 33,481

Technical Sentiment Signal: Hold

Current Market Cap: A$91.64M

For an in-depth examination of EGN stock, go to TipRanks’ Stock Analysis page.

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