The latest update is out from Quickstep Holdings Limited ( (AU:QHL) ).
Quickstep Holdings Limited announced that its shareholders have voted in favor of a scheme of arrangement where ASDAM Operations Pty Ltd will acquire all issued shares of Quickstep. The scheme received strong support with 83.25% of shareholders present voting in favor and 97.09% of the votes cast supporting the resolution. The scheme is subject to Federal Court approval, and if approved, Quickstep shares will be suspended from trading on the ASX. The implementation of the scheme is expected on 5 May 2025, with shareholders receiving $0.575 cash per share.
More about Quickstep Holdings Limited
Quickstep Holdings Limited (ASX: QHL) is the largest independent aerospace composite business in Australia.
Technical Sentiment Signal: Buy
Current Market Cap: $25.05M
See more data about QHL stock on TipRanks’ Stock Analysis page.