Advanced Innergy Denies Role in Media Leak, Reaffirms ASX Disclosure Controls

Advanced Innergy Holdings Ltd. ( (AU:AIH) ) has provided an announcement.

Advanced Innergy Holdings has responded to a query from ASX Listings Compliance regarding a media article, stating that neither the company nor its financial adviser Henslow was the source of any information contained in the piece. The company said it has no knowledge of how the information reached the media and therefore cannot explain the origin of the article’s content.

AIH outlined that it maintains a Market Disclosure Policy designed to ensure compliance with ASX Listing Rules and the Corporations Act, including equal and timely access to material information for all investors. The board confirmed that the response to ASX was authorised at board level, and the company intends to continue operating under its existing disclosure framework to meet its continuous disclosure obligations.

The most recent analyst rating on (AU:AIH) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Advanced Innergy Holdings Ltd. stock, see the AU:AIH Stock Forecast page.

More about Advanced Innergy Holdings Ltd.

Advanced Innergy Holdings Ltd., listed on the ASX under the ticker AIH, operates in the energy sector with a focus on advanced energy technologies and related services. The company targets investors seeking exposure to innovative energy solutions and adheres to Australian corporate governance and continuous disclosure standards in its market communications.

Average Trading Volume: 144,188

Technical Sentiment Signal: Strong Sell

For detailed information about AIH stock, go to TipRanks’ Stock Analysis page.