Merchant House International Limited (AU:MHI) has released an update.
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Merchant House International Limited has requested a trading halt for its securities on the ASX, starting from 2 August 2024, pending a forthcoming announcement. This action is in anticipation of news regarding the closure of its subsidiary, American Merchant Inc, and the company’s future strategic directions. The halt is to remain in effect until the earlier of the market announcement or the resumption of normal trading on 6 August 2024.
For further insights into AU:MHI stock, check out TipRanks’ Stock Analysis page.