Vonex Limited (ASX:VN8) Scheme Meeting Postponed

Vonex Limited (ASX:VN8) has announced the postponement of the Scheme Meeting, originally scheduled for 23 September 2024, to 11:00 am (AEST) on Wednesday, 23 October 2024. This decision follows the Supreme Court of New South Wales making orders to delay the meeting.

Vonex's Scheme Meeting Postponement

The Scheme Meeting has been postponed to allow for the approval and implementation of the proposed scheme of arrangement under which Maxo Telecommunications Pty Ltd ACN 129 852 526 (MaxoTel) has agreed to acquire 100% of Vonex's issued capital. The postponement is in line with the Court's orders, and Vonex will notify shareholders of the new meeting date via email and ordinary mail.

Vonex's Postponed Scheme Meeting and Future Plans

Vonex Limited (ASX:VN8) has postponed its Scheme Meeting to facilitate the approval and implementation of the proposed scheme of arrangement with Maxo Telecommunications Pty Ltd. The company aims to notify shareholders of the new meeting date and continues to pursue a disciplined M&A growth strategy, targeting profitable IT and telco businesses for potential expansion and cross-selling opportunities.