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Papyrus Australia Ltd ( (AU:PPY) ) has provided an announcement.
Papyrus Australia Ltd is facing a legal challenge as Perfection Australia Group Pty Ltd and Union Pacific Equities Pty Ltd have filed an application in the Supreme Court of New South Wales. The plaintiffs are seeking preliminary discovery and access to inspect Papyrus’ books concerning its engagements and investments, notably with L39 Capital Pty Ltd and in Egypt. Papyrus’ board is currently reviewing the application and has sought legal advice to determine their response.
More about Papyrus Australia Ltd
Average Trading Volume: 790,841
Technical Sentiment Signal: Buy
Current Market Cap: A$6.03M
See more insights into PPY stock on TipRanks’ Stock Analysis page.