Papyrus Australia Ltd (AU:PPY) has released an update.
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Papyrus Australia Ltd has announced significant leadership changes, with Mr Al Jawhari taking over as Executive Chair while Mr Edward Byrt steps down, yet remains as a non-Executive Director. The company is shifting focus from R&D to commercialization, with Mr Jawhari aiming to drive growth and operational efficiency. In addition, Papyrus Australia is proceeding with the consolidation of PPYEg, following nearly unanimous shareholder approval, and is engaging in due diligence with legal assistance from an Egyptian firm.
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