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Excelsior Capital Faces Potential Leadership Overhaul and Liquidation

Story Highlights
  • Excelsior Capital is a Listed Investment Company managing an investment portfolio.
  • Shareholders have requested a meeting to vote on director changes and possible liquidation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Excelsior Capital Faces Potential Leadership Overhaul and Liquidation

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Excelsior Capital Limited ( (AU:ECL) ) has issued an announcement.

Excelsior Capital Limited has received notices from two shareholders to convene a general meeting to vote on significant changes, including the removal and appointment of directors and the potential voluntary winding up of the company. The company is currently seeking legal advice regarding the validity of these requests and will update the market accordingly.

More about Excelsior Capital Limited

Excelsior Capital Limited is a Listed Investment Entity established in 1991 and listed on the ASX in 1993. As a Listed Investment Company (LIC), it manages an investment portfolio.

Average Trading Volume: 6,635

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$97.13M

Learn more about ECL stock on TipRanks’ Stock Analysis page.

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