ENX EGM Notice Neutral
enX GROUP LIMITED - Results of General Meeting
enX Group Limited
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What this filing means
Shareholders have overwhelmingly approved the previously announced disposal of enX's remaining 75% interest in WAI to Trichem SA.
Bull case
- Shareholders overwhelmingly approved the divestment of WAI, with 99.94% of votes cast in favour of the transaction.
- The passing of the resolutions provides the necessary authority to finalize the deal, advancing the company's strategic restructuring.
Bear case
- The disposal of the 75% interest in WAI represents a material contraction of the company's operating asset base.
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