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Engenco Limited ( (AU:EGN) ) has shared an update.
Engenco Limited has seen a change in the substantial holding of its shares, primarily through acquisitions by the Elphinstone Group. The Elphinstone Group, through Elph Investments Pty Ltd, has increased its voting power in Engenco from 88.98% to 90.64% following an off-market takeover bid. This change in shareholding could potentially strengthen the Elphinstone Group’s influence over Engenco’s strategic decisions and operations, impacting stakeholders and the company’s market positioning.
More about Engenco Limited
Average Trading Volume: 37,815
Technical Sentiment Signal: Hold
Current Market Cap: A$96.38M
For an in-depth examination of EGN stock, go to TipRanks’ Overview page.