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Emu NL ( (AU:EMU) ) has issued an update.
Emu NL and its former directors have been ordered by the Takeovers Panel to pay a portion of the costs incurred by Wayburn Holdings Pty Ltd in connection with proceedings related to a declaration of unacceptable circumstances. The Panel’s decision requires Emu NL and the directors to jointly pay a total of $41,712, excluding GST, covering costs from the application date to the declaration date and subsequent period. This decision reflects the Panel’s enforcement of fair practices in corporate governance and may impact Emu NL’s financial obligations and reputation.
More about Emu NL
Average Trading Volume: 405,170
Technical Sentiment Signal: Hold
Current Market Cap: A$12.88M
Find detailed analytics on EMU stock on TipRanks’ Stock Analysis page.