Silk Logistics Scheme Meeting Postponed by Court Order

Silk Logistics Holdings Ltd. ( (AU:SLH) ) just unveiled an update.

Silk Logistics Holdings Limited has announced a postponement of its Scheme Meeting, initially set to discuss the acquisition of all company shares by DP World Australia Limited through a scheme of arrangement. The Supreme Court of New South Wales has ordered the meeting to be rescheduled to a later date, with proceedings adjourned to 17 July 2025. This delay may impact the timeline of the acquisition process, and Silk has committed to keeping stakeholders informed of any updates.

The most recent analyst rating on (AU:SLH) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Silk Logistics Holdings Ltd. stock, see the AU:SLH Stock Forecast page.

More about Silk Logistics Holdings Ltd.

Silk Logistics Holdings Limited operates in the logistics industry, offering comprehensive supply chain solutions. The company focuses on providing efficient and reliable logistics services, catering to various market needs.

Average Trading Volume: 74,997

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$122.7M

For an in-depth examination of SLH stock, go to TipRanks’ Overview page.