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Pact Group Delisting Faces Legal Challenge Over Shareholder Rights
2:53am on Monday 2nd of June, 2025 AEST
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Pact Group Delisting Faces Legal Challenge Over Shareholder Rights
2:53am on Monday 2nd of June, 2025 AEST
Key Points
Application lodged by Jeremy Machet and Scrap Invest Pty Ltd
Concerns over low liquidity and pressured share sales before suspension
Allegations of unbalanced EGM notice favoring major shareholder with 88% stake
Claims of selective disclosure downplaying positive company developments
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PACT GROUP HOLDINGS (ASX:PGH)
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