Elphinstone Group Increases Stake in Engenco Limited

Tip Ranks
2025.06.25 00:28
portai
I'm PortAI, I can summarize articles.

Elphinstone Group has increased its stake in Engenco Limited (AU:EGN) to 96.77% from 95.57% following an off-market takeover bid by Elph Investments Pty Ltd. This consolidation of control may influence Engenco's strategic direction and stakeholder interests. Engenco's current market cap is A$96.38M, with an average trading volume of 35,578 and a technical sentiment signal of 'Hold'.