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An announcement from Mystate Limited ( (AU:MYS) ) is now available.
MyState Limited has announced that its subsidiary, MyState Bank Limited, is set to acquire all shares of Auswide Bank Ltd through a scheme of arrangement. The proposal received strong support at the Scheme Meeting, with over 90% of shareholders voting in favor. The next steps involve seeking approval from the Supreme Court of New South Wales, after which the scheme will become effective, leading to significant changes in share trading and ownership structure.
More about Mystate Limited
YTD Price Performance: 2.47%
Average Trading Volume: 172,400
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$507M
See more data about MYS stock on TipRanks’ Stock Analysis page.
