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enX Group Limited is heading toward a shareholder vote on the proposed R220 million sale of New Way Power and its manufacturing property to GPR South Africa, with the transaction structure putting future cash realization and shareholder returns firmly in focus. Representative image.

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Energy Industry News

enX Group’s R220m New Way Power sale shifts focus to what shareholders get back next

enX Group wants to sell New Way Power to a Generac subsidiary for R220 million to R260 million, shifting attention from operating earnings to future cash returns.

August 15, 2026

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