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An announcement from Engenco Limited ( (AU:EGN) ) is now available.
Engenco Limited has seen a change in the interests of its substantial holder, the Elphinstone Group, which includes Elph Investments Pty Ltd and other associated entities. The Elphinstone Group has increased its voting power in Engenco from 69.56% to 70.67% through the acquisition of additional shares as part of an off-market takeover bid. This change in voting power could potentially strengthen the Elphinstone Group’s influence over Engenco’s strategic decisions and operations.
More about Engenco Limited
Average Trading Volume: 95,436
Technical Sentiment Signal: Hold
Current Market Cap: A$91.64M
Learn more about EGN stock on TipRanks’ Stock Analysis page.