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Vonex Limited Faces Trading Suspension Amid Acquisition

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Vonex Limited Faces Trading Suspension Amid Acquisition

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Vonex Limited ( (AU:VN8) ) has shared an announcement.

Vonex Limited’s securities will be suspended from trading following the Supreme Court of New South Wales’ approval of a scheme of arrangement. This scheme allows Maxo Telecommunications Pty Ltd to acquire all issued shares of Vonex Limited, potentially impacting the company’s market presence and shareholder interests.

More about Vonex Limited

Vonex Limited operates in the telecommunications industry, focusing on providing telecommunication services and products. The company is known for its innovative solutions in the market.

Average Trading Volume: 84,895

Technical Sentiment Signal: Hold

Current Market Cap: A$26.34M

See more data about VN8 stock on TipRanks’ Stock Analysis page.

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