ECSI Limited (ASX:MBA) is seeking shareholder approval for a transaction that would involve the company changing its principal activities to coal coking.
The company has arranged to acquire 100% of Alphacoal Capital for $2 million, should shareholders approve the move.
ECSI, which currently has the right to participate in the rollout of China's National Alarm Response Program, said it was currently evaluating whether to pursue a future involvement in this rollout.
If the acquisition is approved, ECS stock will be suspended until the company complies with ASX listing rules regarding changes of activities.
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