tiprankstipranks
Patrick Tallon Acquires Major Stake in Civmec Limited
Company Announcements

Patrick Tallon Acquires Major Stake in Civmec Limited

Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh (AU:CVL) has released an update.

Don't Miss our Black Friday Offers:

Patrick John Tallon has emerged as a substantial holder in Civmec Limited, acquiring a 19.23% stake through the Trustee for Kariong Investment Trust and personal holdings. The acquisition, resulting from a scheme of arrangement with Civmec Singapore Limited, involved the exchange of shares on September 4, 2024. Tallon’s dual role as Director/Secretary and appointor of the Trust underlines his significant influence in the company.

For further insights into AU:CVL stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App