East 33 Limited (AU:E33) has released an update.
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Yumbah Aquaculture Limited is set to compulsorily acquire all remaining shares of East 33 Limited after securing a 90% stake in the company. Shareholders will receive $0.022 per share as part of this acquisition process, which is expected to be finalized within six weeks. This move marks a significant step in Yumbah’s expansion strategy.
For further insights into AU:E33 stock, check out TipRanks’ Stock Analysis page.