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Excelsior Capital Limited ( (AU:ECL) ) has issued an announcement.
Excelsior Capital Limited has announced its upcoming Annual General Meeting, which will address significant proposed changes to its board of directors. The meeting will consider resolutions to remove current directors, Mr. Danny Herceg and Mr. Ryan Mount, and appoint Mr. Luke Cummings and Mr. David Prescott as new directors. Additionally, there is a proposal to appoint liquidators to manage the company’s property distribution. The board recommends shareholders vote against these resolutions, indicating potential internal conflicts and strategic disagreements within the company.
More about Excelsior Capital Limited
Average Trading Volume: 6,253
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$94.52M
Find detailed analytics on ECL stock on TipRanks’ Stock Analysis page.