tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Inventis Limited Restructures with Subsidiary Administration

Story Highlights
Inventis Limited Restructures with Subsidiary Administration

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Inventis Limited ( (AU:IVT) ) has shared an announcement.

Inventis Limited has announced the voluntary administration of its subsidiary, ACN 081 814 717 PTY LTD, following the successful sale of its business and assets. This move is part of the company’s strategy to rationalize its group structure and reduce debt, with the proceeds from the sale being used to lower the group’s financial liabilities.

More about Inventis Limited

Inventis Limited operates in the technology and electronics industry, focusing on the design and manufacturing of electronic circuits and related products.

Average Trading Volume: 51,440

Technical Sentiment Signal: Sell

Current Market Cap: A$1.15M

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

Disclaimer & DisclosureReport 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