ECSI shareholders approve issue of 125m shares

ECSI shareholders approve issue of 125m shares

Shareholders in technology company ECSI Limited have approved a proposal to issue and allocate up to 125 million new shares within the year.

At the company’s annual general meeting, shareholders unanimously voted to allow the stock allocation. But proxy voters holding 100,000 shares voted against the proposal.

ECS shares are currently trading at $0.018.

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Tags AGMShare placementECSI Limited

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