Excelsior Capital Sees Major Shareholder Shift

Excelsior Capital Limited (AU:ECL) has released an update.

Excelsior Capital Limited (ECL) has witnessed a significant change in its shareholder structure following an Extraordinary General Meeting (EGM), where a proposal affecting director’s remuneration and share allocation was passed by a decisive majority. This change signifies a shift in the company’s strategic direction, with a large number of shares voted in favor of the resolution, indicating strong shareholder backing for the proposed corporate actions.

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