MCS Services Limited (AU:MSG) has released an update.
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MCS Services Limited (ASX:MSG) has responded to the ASX’s inquiry regarding its handling of a potential acquisition, confirming that negotiations started on April 29, 2024, and no prior announcements were made because the information was deemed confidential. The company adhered to the Listing Rules, with the Board authorizing the release of information once the transaction progressed, leading to a voluntary suspension request on August 15, 2024.
For further insights into AU:MSG stock, check out TipRanks’ Stock Analysis page.