Sihayo Gold Limited (AU:SIH) has released an update.
Provident Aurum Pte. Ltd. has made significant strides in its off-market takeover bid for Sihayo Gold Limited, now holding an 87.91% voting power after freeing the bid from certain defeating conditions. The company has also extended a working capital facility to Sihayo and provided additional financial advances, indicating a strategic move towards consolidating ownership.
For further insights into AU:SIH stock, check out TipRanks’ Stock Analysis page.
