Paragon Care Limited (AU:PGC) has released an update.
Paragon Care Limited’s shareholders have overwhelmingly approved a merger with CH2 Holdings Pty Limited, with all six merger-related resolutions passed with at least 96% support. The successful vote paves the way for the acquisition of CH2, which is expected to be completed on the same day. This strategic move indicates strong shareholder confidence in the direction of the company’s growth.
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