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K-TIG Announces General Meeting for Strategic Acquisition Approval
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K-TIG Announces General Meeting for Strategic Acquisition Approval

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K-TIG Ltd ( (AU:KTG) ) has shared an update.

K-TIG Limited has announced a general meeting scheduled for 11 February 2025 to seek shareholder approval for the acquisition of Metal Powder Works Inc. The company has been granted a short extension by the ASX to avoid delisting, contingent on releasing the Notice of Meeting by 14 January 2025. Adjustments have been made to the performance rights for vendors involved in the acquisition, reflecting a strategic move to strengthen K-TIG’s market position and operational capabilities.

More about K-TIG Ltd

K-TIG Limited operates in the fabrication industry, focusing on advanced welding technology and solutions. The company is dedicated to transforming the economics of fabrication through innovative techniques and products.

YTD Price Performance: 0.56%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$26.54M

See more data about KTG stock on TipRanks’ Stock Analysis page.

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