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Fiji Kava Limited ( (AU:CCO) ) has provided an update.
The Calmer Co. International Limited has postponed its General Meeting originally scheduled for February 10, 2025, to February 17, 2025. This decision allows the company to potentially withdraw a resolution regarding the buy-back of shares, pending the execution of necessary documents under alternate provisions of the Corporations Act 2001 related to employee share buy-backs. This postponement may impact stakeholders by delaying decisions related to share buy-backs, possibly affecting shareholder interests and the company’s financial strategies.
More about Fiji Kava Limited
The Calmer Co. International Limited (ASX:CCO) operates in the health and wellness industry, focusing on natural products that promote calmness, support mind and muscle relaxation, and improve sleep. Their product range includes drinking powders, teas, shots, concentrates, and capsules sold under brands like Fiji Kava, Taki Mai, and Danodan Hempworks in markets including the USA, Australia, China, New Zealand, and Fiji. The company also distributes Leilo kava drinks in the Fiji Islands.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.25M
See more insights into CCO stock on TipRanks’ Stock Analysis page.