Genex Power Ltd. (AU:GNX) has released an update.
Genex Power Limited has announced a court-approved plan for a shareholder meeting to vote on its proposed acquisition by J-POWER, a significant move that could result in J-POWER owning all Genex shares. The meeting is scheduled as a hybrid event for July 16, 2024, allowing in-person and online attendance. Shareholders will receive a Transaction Booklet detailing the acquisition terms, voting procedures, and an Independent Expert’s Report for thorough consideration.
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