ABACUS STORAGE KING ( (AU:ASK) ) just unveiled an announcement.
Abacus Storage King has announced a change in the interests of its substantial holder, with an off-market transfer of securities from Calculator Australia Trust to Ki Corporation Limited. This transfer, involving a significant number of securities, maintains the voting power of the substantial holder at 59.47%. Additionally, Ki Corporation Limited has entered into a joint acquisition deed with PS Apollo, LLC, indicating a potential scheme of arrangement to acquire all remaining securities not already held or controlled by Ki. This move could significantly impact the company’s ownership structure and influence its strategic direction.
More about ABACUS STORAGE KING
Abacus Storage King operates in the storage industry, providing storage solutions through its entities, Abacus Storage Operations Limited and Abacus Storage Property Trust. The company focuses on managing and developing storage facilities, catering to a diverse range of storage needs.
YTD Price Performance: 3.11%
Average Trading Volume: 624,268
Technical Sentiment Signal: Buy
Current Market Cap: A$1.52B
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