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Pacific Lime and Cement Limited ( (AU:PLA) ) has shared an update.
Pacific Lime and Cement Limited announced the withdrawal of Resolutions 6, 7, 8, 9, and 10 from the upcoming Annual General Meeting agenda. These resolutions, concerning long-term investment performance rights, were withdrawn to allow for clearer disclosure and alignment with the company’s strategic framework. The AGM will proceed with other resolutions as planned, and any proxy votes for the withdrawn resolutions will be disregarded. This decision reflects the company’s commitment to transparency and strategic alignment, potentially impacting stakeholder engagement and future shareholder meetings.
More about Pacific Lime and Cement Limited
Pacific Lime and Cement Limited (ASX: PLA) is focused on advancing the lime and cement industry in Papua New Guinea to supply essential building materials for the nation and the Asia-Pacific region. The company is developing the Central Lime and Cement Projects to create a fully integrated platform for local manufacturing, import substitution, and sustainable growth. Its portfolio includes industrial sands, nature-based forestry carbon credits, and renewable energy. PLC also holds a stake in Adyton Resources Corporation, a copper gold explorer. The company aims to support decarbonisation in the region by providing low-carbon inputs for various sectors and is committed to ESG standards.
Average Trading Volume: 1,190,346
Technical Sentiment Signal: Buy
Current Market Cap: A$232.2M
See more data about PLA stock on TipRanks’ Stock Analysis page.