Environmental Clean Technologies Limited ( (AU:ECT) ) has shared an update.
Environmental Clean Technologies Limited has announced an extraordinary general meeting to discuss a significant resolution involving the granting of security over its assets to a substantial shareholder, LJ & K Thomson Pty Ltd. This move is aimed at securing obligations under a Convertible Note Deed, and an independent expert has deemed the proposal fair and reasonable for shareholders. The meeting will be held both in person and online, with specific voting exclusions in place for those who stand to benefit materially from the transaction.
More about Environmental Clean Technologies Limited
Environmental Clean Technologies Limited operates in the clean technology sector, focusing on the development and commercialization of innovative technologies that aim to reduce carbon emissions and enhance energy efficiency. The company is known for its efforts in advancing sustainable solutions and has a market focus on environmentally friendly technologies.
Current Market Cap: A$8.98M
For detailed information about ECT stock, go to TipRanks’ Stock Analysis page.