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The latest announcement is out from Engenco Limited ( (AU:EGN) ).
Engenco Limited has experienced a change in the interests of its substantial holder, the Elphinstone Group, which now holds 96.77% of the voting power in the company, up from 95.57%. This increase in voting power is a result of the Elphinstone Group’s acquisition of additional shares through an off-market takeover bid by Elph Investments Pty Ltd, indicating a consolidation of control and potentially impacting Engenco’s strategic direction and stakeholder interests.
More about Engenco Limited
Average Trading Volume: 35,578
Technical Sentiment Signal: Hold
Current Market Cap: A$96.38M
Find detailed analytics on EGN stock on TipRanks’ Stock Analysis page.