tiprankstipranks
Trending News
More News >

GSTechnologies Expands with Semnet Stake Acquisition

GSTechnologies Expands with Semnet Stake Acquisition

GSTechnologies Ltd. (GB:GST) has released an update.

Confident Investing Starts Here:

GSTechnologies Ltd has announced the issuance of 58,844,713 Ordinary Shares to complete its acquisition of a 66.67% stake in Semnet Pte Ltd, valued at $1 million. These shares, priced at 1.34 pence each, are part of the company’s strategic moves, including a potential NASDAQ listing for Semnet. The issuance increases GST’s total share capital to over 2 billion, impacting shareholder voting rights.

For further insights into GB:GST stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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
1