Thejo Engineering Limited — Important, 26-03-2025: Updates

Thejo Engineering Limited has completed the acquisition of a 10% stake in Thejo Australia Pty Ltd (TAPL) by transferring AUD 498,480 to Bridgestone Mining Solutions Australia Pty Ltd. This brings Thejo Engineering's total ownership in TAPL to 100%, transforming it into a wholly-owned subsidiary. This strategic move is expected to enhance Thejo's operational footprint in Australia and strengthen its market position. The full ownership of TAPL could provide new growth opportunities and contribute positively to the company’s long-term strategy. Investors should watch closely for how this consolidation may impact revenue streams and future initiatives.