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FBR Limited’s EGM to Proceed Amid Panel’s Decision

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The latest announcement is out from FBR Limited ( (AU:FBR) ).

FBR Limited, a company involved in an unspecified industry, is facing a situation where the Acting President of the Takeovers Panel has declined a request to make an interim order to defer the company’s Extraordinary General Meeting (EGM) scheduled for May 6, 2025. This decision leaves the company’s stakeholders in a state of uncertainty as no panel has been appointed to review the application, and no decision has been made regarding the proceedings, potentially impacting the company’s governance and decision-making processes.

More about FBR Limited

YTD Price Performance: -58.33%

Average Trading Volume: 528,283

Technical Sentiment Signal: Buy

Current Market Cap: $21.87M

For detailed information about FBR stock, go to TipRanks’ Stock Analysis page.

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