Toys ‘R’ Us Anz Limited (AU:TOY) has released an update.
At the recent Extraordinary General Meeting of Toys ‘R’ Us ANZ Limited, shareholders passed all proposed resolutions, including the ratification of previous share placements and approval for the issue of securities to Mercer Street Global Opportunity Fund II LP. The resolutions received overwhelming support, with approval rates exceeding 94% for all items voted upon, and the consolidation of the company’s capital was also approved with a 97.41% majority.
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