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The latest update is out from Engenco Limited ( (AU:EGN) ).
Elph Investments Pty Ltd, part of the Elphinstone Group, has increased its stake in Engenco Limited, a company in which it already held a substantial interest. The group’s voting power in Engenco has risen from 83.10% to 88.98% following the acquisition of additional shares through an off-market takeover bid. This increase in ownership consolidates Elphinstone Group’s control over Engenco, potentially impacting the company’s strategic direction and stakeholder interests.
More about Engenco Limited
Average Trading Volume: 38,275
Technical Sentiment Signal: Hold
Current Market Cap: A$91.64M
Find detailed analytics on EGN stock on TipRanks’ Stock Analysis page.