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Silk Logistics Holdings Ltd. ( (AU:SLH) ) has issued an update.
Silk Logistics Holdings Limited (ASX: SLH) announced that its securities will be suspended from trading on the Australian Securities Exchange following the approval of a scheme of arrangement by the Supreme Court of New South Wales. This scheme will result in DP World Australia Limited acquiring all issued shares of SLH, marking a significant change in ownership that could impact the company’s operations and market positioning.
The most recent analyst rating on (AU:SLH) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Silk Logistics Holdings Ltd. stock, see the AU:SLH Stock Forecast page.
More about Silk Logistics Holdings Ltd.
Average Trading Volume: 111,369
Technical Sentiment Signal: Buy
Current Market Cap: A$173.7M
Find detailed analytics on SLH stock on TipRanks’ Stock Analysis page.