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Stealth Global Holdings Addresses Compliance Oversight

Story Highlights
  • Stealth Global Holdings addressed a late lodgement of Appendix 3Y due to an administrative oversight.
  • The company reinforced compliance measures to prevent future occurrences and ensure market integrity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stealth Global Holdings Addresses Compliance Oversight

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Stealth Global Holdings Ltd. ( (AU:SGI) ) just unveiled an update.

Stealth Global Holdings Ltd. has addressed a compliance issue regarding the late lodgement of Appendix 3Y for Director Mr. Michael Arnold, related to a change in notifiable interest due to the issuance of shares approved at the 2024 AGM. The delay was attributed to an administrative oversight by the former Company Secretary, with no trading risk or market abuse involved. The company has reinforced its compliance measures, including updating director guidance and reviewing disclosure processes, to prevent future occurrences.

The most recent analyst rating on (AU:SGI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Stealth Global Holdings Ltd. stock, see the AU:SGI Stock Forecast page.

More about Stealth Global Holdings Ltd.

Average Trading Volume: 185,190

Technical Sentiment Signal: Buy

Current Market Cap: A$149.6M

Learn more about SGI stock on TipRanks’ Stock Analysis page.

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