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TPC Consolidated Limited ( (AU:TPC) ) has issued an announcement.
TPC Consolidated Limited has announced an extension to the Sunset Date in its Scheme Implementation Agreement with Wollar Solar Holding Pty Ltd, a subsidiary of Beijing Energy International. The extension, moving the date from April 30, 2025, to June 30, 2025, allows more time for FIRB approval, a necessary condition for the acquisition to proceed. If the approval or any other condition is not met by the new deadlines, the agreement may be terminated. Shareholders are advised that no action is required at this time.
More about TPC Consolidated Limited
TPC Consolidated Limited (ASX:TPC) operates CovaU, an Australian-based electricity and gas retailer offering competitively priced products to households and businesses, including renewable energy options such as solar and wind. The company aims to expand its market presence in the Australian utilities sector by enhancing its renewable energy product offerings.
YTD Price Performance: -1.87%
Technical Sentiment Signal: Hold
Current Market Cap: €57.02M
See more insights into TPC stock on TipRanks’ Stock Analysis page.