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Tymlez Group Ltd. ( (AU:NVQ) ) has provided an update.
NoviqTech Limited has announced a General Meeting for its shareholders to discuss a selective capital reduction under section 256C of the Corporations Act. The meeting will address the cancellation of 2,089,945 fully paid ordinary shares, with specific voting instructions and restrictions outlined for shareholders and proxies. This move is significant as it could impact the company’s capital structure and shareholder composition, with only Freddy El Turk & Danielle Turk currently eligible to vote on the resolution.
More about Tymlez Group Ltd.
YTD Price Performance: -74.68%
Average Trading Volume: 20,061
Technical Sentiment Signal: Buy
Current Market Cap: €4.42M
For an in-depth examination of NVQ stock, go to TipRanks’ Stock Analysis page.