MARKETS

Genex deal with J-Power allowed to proceed

THE ASX has granted renewable energy company Genex a waiver of a list rule, meaning it will no longer have to hold an extraordinary meeting next month to refresh shareholder approval for the issuance of shares to J-Power under its Share Subscription Agreement.

Mark Tilly

ASX waivers need to refresh approval

On Monday this week Genex announced it would hold the meeting specifically for the sole reason to refresh the shareholder approval it received at its EGM in September for the issuance of A$25 million worth...

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