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Donaco International Ltd. ( (AU:DNA) ) just unveiled an announcement.
Donaco International Limited has announced the registration of its Scheme Booklet with the Australian Securities and Investments Commission, a significant step in the proposed acquisition by On Nut Road Limited of all shares it does not already own. The Scheme Booklet, which includes an Independent Expert’s Report deeming the proposal fair and reasonable, will be distributed to shareholders by the end of June. Shareholders are encouraged to review the document thoroughly before the Scheme Meeting on August 4, 2025, where they will vote on the acquisition. The directors of Donaco recommend voting in favor of the Scheme, highlighting its alignment with shareholder interests in the absence of a superior proposal.
More about Donaco International Ltd.
Donaco International Limited operates in the leisure and entertainment industry, focusing primarily on casino and gaming operations. The company is known for its integrated resorts and gaming facilities, catering to both local and international markets.
Average Trading Volume: 1,979,949
Technical Sentiment Signal: Buy
Current Market Cap: A$49.37M
For a thorough assessment of DNA stock, go to TipRanks’ Stock Analysis page.