Silk Logistics Holdings Ltd. ( (AU:SLH) ) has issued an update.
Silk Logistics Holdings Limited announced the postponement of its Scheme Meeting, originally scheduled for March 2025, to June 2025, following a decision by the Supreme Court of New South Wales. This meeting is crucial for the proposed scheme of arrangement under which DP World Australia Limited intends to acquire all issued shares of Silk. The rescheduling impacts the timeline for shareholder voting and subsequent court approvals, potentially affecting the company’s acquisition process and its stakeholders.
More about Silk Logistics Holdings Ltd.
Silk Logistics Holdings Limited operates in the logistics industry, providing supply chain management and logistics services. The company focuses on offering comprehensive logistics solutions to its clients, which include warehousing, transportation, and distribution services.
YTD Price Performance: -29.43%
Average Trading Volume: 297,134
Technical Sentiment Signal: Buy
Current Market Cap: A$120.3M
See more data about SLH stock on TipRanks’ Stock Analysis page.