Multistack International Limited ( (AU:MSI) ) just unveiled an update.
Multistack International Limited has announced that Super Link Company Limited has exercised its option to acquire the Verdicorp ORC assets. This transaction, approved by shareholders and independent directors, allows Multistack to settle its outstanding loan obligations with Super Link, amounting to A$3,546,975, by transferring the Verdicorp assets, including the ORC technology, to Super Link.
More about Multistack International Limited
Multistack International Limited operates in the technology sector, focusing on energy-efficient solutions. The company is known for its products and services related to Organic Rankine Cycle (ORC) technology, which is used for waste heat recovery and energy efficiency improvements.
Technical Sentiment Signal: Buy
Current Market Cap: A$545.2K
Learn more about MSI stock on TipRanks’ Stock Analysis page.