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Court Greenlights MaxoTel Takeover of Vonex, Shares Set to Suspend

12:11pm on Thursday 9th of October, 2025 AEDT Telecommunications
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Court Greenlights MaxoTel Takeover of Vonex, Shares Set to Suspend

12:11pm on Thursday 9th of October, 2025 AEDT
Key Points
  • Supreme Court approves MaxoTel scheme of arrangement
  • Vonex shares to suspend trading from October 9, 2025
  • Scheme becomes legally effective upon ASIC lodgement
  • Vonex scheduled for ASX delisting by October 21, 2025
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