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An update from Avance Gas Holding ( (AVACF) ) is now available.
Avance Gas Holding Ltd has announced its decision to voluntarily liquidate the company and delist its common shares from the Oslo Stock Exchange. The shareholders have approved the appointment of joint liquidators from EY Bermuda Ltd. and EY Bahamas Ltd., and have agreed to waive their rights to surplus assets, directing any remaining funds to charity. This move marks a significant shift in the company’s operations and market presence, impacting stakeholders and potentially altering the competitive landscape of the LPG shipping industry.
The most recent analyst rating on (AVACF) stock is a Sell with a NOK77.00 price target. To see the full list of analyst forecasts on Avance Gas Holding stock, see the AVACF Stock Forecast page.
More about Avance Gas Holding
Avance Gas Holding Ltd operates in the liquefied petroleum gas (LPG) shipping industry, primarily focusing on the transportation of LPG across global markets.
Average Trading Volume: 588,726
Current Market Cap: NOK286.9M
For a thorough assessment of AVACF stock, go to TipRanks’ Stock Analysis page.