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Eumundi Group Limited ( (AU:EBG) ) has shared an update.
Eumundi Group Limited has announced a significant development regarding its proposed scheme of arrangement with SEQ Hospitality Group Pty Ltd, where SEQ aims to acquire 100% of Eumundi’s shares. The Federal Court of Australia (Queensland Registry) will conduct a hearing on February 4, 2025, to consider the scheme’s approval, contingent on shareholder agreement in a meeting on January 31, 2025. Shareholders have the opportunity to participate and express any opposition at the hearing, which is a key step in the acquisition process.
More about Eumundi Group Limited
YTD Price Performance: 0.60%
Average Trading Volume: 52,854
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$84.11M
Learn more about EBG stock on TipRanks’ Stock Analysis page.
