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Multistack International Limited ( (AU:MSI) ) has provided an update.
During the first quarter of 2025, Multistack International Limited did not make any chiller sales but resolved a legal dispute with Danfoss, resulting in a settlement of AUD 2,232,547. The company also announced the execution of an Asset Sale Deed with Super Link Company Limited, discharging a loan obligation of A$3,546,975 by transferring Verdicorp’s assets, including ORC technology. These developments are expected to impact the company’s financial stability and operational focus.
More about Multistack International Limited
Multistack International Limited operates in the HVAC industry, focusing on the sale, marketing, and distribution of water-cooled and air-cooled water chillers.
Technical Sentiment Signal: Buy
Current Market Cap: A$545.2K
For an in-depth examination of MSI stock, go to TipRanks’ Stock Analysis page.