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Fiji Kava Limited ( (AU:CCO) ) has provided an announcement.
The Calmer Co. International Limited announced that all resolutions proposed at their General Meeting were approved by the shareholders. The company withdrew Resolution 5, opting for an alternative buy-back procedure under the Corporations Act for acquiring Loan Plan Shares from Mr. Dack, which will be executed on a cashless basis by writing off a loan, aligning with the terms outlined in the previous notice. This decision reflects the company’s strategic moves to efficiently manage their corporate operations.
More about Fiji Kava Limited
The Calmer Co. International Limited (ASX:CCO) operates in the health and wellness industry, offering natural products aimed at promoting calmness, and supporting mind and muscle relaxation. Their product lineup includes drinking powders, teas, shots, concentrates, and capsules sold under brands like Fiji Kava, Taki Mai, and Danodan Hempworks in markets such as the USA, Australia, China, New Zealand, and Fiji. Additionally, they distribute Leilo kava drinks in the Fiji Islands.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.71M
For an in-depth examination of CCO stock, go to TipRanks’ Stock Analysis page.
