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SKS Technologies Group Limited ( (AU:SKS) ) just unveiled an update.
SKS Technologies Group Limited has issued 612,501 fully paid ordinary shares as part of the share-based consideration for the completion of its acquisition of Delta Elcom Pty Ltd. The company has confirmed that these shares were issued without a prospectus under the relevant disclosure exemptions of the Corporations Act, and that it remains compliant with its financial reporting and continuous disclosure obligations, signalling regulatory adherence as it integrates the newly acquired business into its operations.
The most recent analyst rating on (AU:SKS) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on SKS Technologies Group Limited stock, see the AU:SKS Stock Forecast page.
More about SKS Technologies Group Limited
SKS Technologies Group Limited is an Australian provider of electrical technologies and digital infrastructure, specialising in the design and installation of audio-visual, communications and electrical solutions. The company services a broad range of sectors including data centres, defence, mining, health, retail and commercial buildings across Australia, positioning itself as a diversified technical services and infrastructure partner.
Average Trading Volume: 283,410
Technical Sentiment Signal: Buy
Current Market Cap: A$442.8M
For detailed information about SKS stock, go to TipRanks’ Stock Analysis page.