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Vonex Limited ( (AU:VN8) ) has shared an update.
Vonex Limited has lodged a draft Scheme booklet with the Australian Securities and Investments Commission as part of Maxo Telecommunications Pty Ltd’s proposed acquisition of the remaining shares in Vonex via a Scheme of Arrangement. This move is part of Vonex’s strategic efforts to enhance its market position and expand its offerings, potentially impacting its operations and stakeholders positively.
More about Vonex Limited
Vonex is a comprehensive telecommunications service provider offering mobile, internet, traditional fixed lines, infrastructure solutions, and hosted PBX and VoIP services, primarily targeting small to medium enterprises. The company also provides wholesale services to internet service providers and is focused on growth through mergers and acquisitions in the IT and telecommunications sectors.
Average Trading Volume: 259,854
Technical Sentiment Signal: Buy
Current Market Cap: A$26.34M
See more data about VN8 stock on TipRanks’ Stock Analysis page.