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Yojee Limited Initiates Trading Halt Amid Capital Raising and JV Plans
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Yojee Limited Initiates Trading Halt Amid Capital Raising and JV Plans

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Invest with Confidence:

Yojee Ltd. ( (AU:YOJ) ) just unveiled an announcement.

Yojee Limited has requested a trading halt for its securities on the ASX as it prepares to announce a proposed capital raising and a memorandum of understanding for a technology joint venture. The halt will remain in place until the announcement is made or until normal trading resumes on February 3, 2025. This move could significantly impact Yojee’s operations by potentially enhancing its technological capabilities and financial standing.

More about Yojee Ltd.

Yojee Limited is a company in the logistics industry with a focus on enabling Asian Pacific contract road transportation networks to become the world’s most reliable, efficient, and sustainable. The company offers a Transport Management System (TMS) that allows third-party logistics providers to manage loads, shipments, and track contracted road carriers in real-time.

YTD Price Performance: -3.85%

Average Trading Volume: 276,523

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$34.45M

For an in-depth examination of YOJ stock, go to TipRanks’ Stock Analysis page.

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