Auswide Bank Announces Trading Halt Ahead of Merger
Company Announcements

Auswide Bank Announces Trading Halt Ahead of Merger

Auswide Bank Ltd. (AU:ABA) has released an update.

Auswide Bank Ltd has requested a trading halt for its shares ahead of a significant announcement regarding a capital raise and a proposed all-scrip merger with MyState Limited. The halt, which is in compliance with ASX Listing Rule 17.1, will remain until the earlier of the completion of the institutional placement announcement or the start of normal trading on 21 August 2024.

For further insights into AU:ABA stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App