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Engenco Limited ( (AU:EGN) ) has provided an update.
Engenco Limited has announced a change in the director’s interest, with Dale Brendan Elphinstone acquiring an additional 2,020,904 ordinary shares through Elph Investments Pty Ltd, bringing his total to 219,792,692 shares. This acquisition, part of a takeover bid, reflects a strategic move that could influence the company’s market positioning and stakeholder interests.
More about Engenco Limited
Engenco Limited operates in the engineering and transport services industry, providing a range of services including maintenance, repair, and overhaul of heavy-duty vehicles and rail equipment. The company focuses on delivering specialized engineering solutions and logistics services to various sectors, aiming to enhance operational efficiency for its clients.
Average Trading Volume: 96,490
Technical Sentiment Signal: Hold
Current Market Cap: A$90.06M
For detailed information about EGN stock, go to TipRanks’ Stock Analysis page.