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An update 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 now holds a 92.68% voting power in the company, up from 90.64%. This increase in voting power follows the acquisition of additional shares through an off-market takeover bid by Elph Investments Pty Ltd, indicating a consolidation of control by the Elphinstone Group, which could impact the company’s strategic direction and stakeholder interests.
More about Engenco Limited
Average Trading Volume: 36,512
Technical Sentiment Signal: Hold
Current Market Cap: A$96.38M
Learn more about EGN stock on TipRanks’ Stock Analysis page.