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Pact Group Moves to Delist from ASX Amid Concentrated Ownership and Low Trading

6:13am on Monday 2nd of June, 2025 AEST Industrial Goods & Services
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Pact Group Moves to Delist from ASX Amid Concentrated Ownership and Low Trading

6:13am on Monday 2nd of June, 2025 AEST
Key Points
  • Pact Group to hold EGM on 12 June 2025 for shareholder approval of ASX delisting
  • Delisting driven by concentrated share register, low trading volumes, and regulatory burden
  • Bennamon Industries, holding 88% of shares, supports the delisting resolution
  • Last day of ASX trading expected on 14 July 2025, with delisting effective 16 July 2025
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