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The latest update is out from Avjennings Limited ( (AU:AVJ) ).
AVJennings Limited, a company listed on the Australian Securities Exchange, has received approval from the Supreme Court of New South Wales for its acquisition by PM Nominees C Pty Ltd, an investment vehicle associated with Proprium Capital Partners and AVID. This acquisition will be executed through a scheme of arrangement, with AVJennings planning to make the scheme legally effective and suspend its shares from trading on the ASX and SGX GlobalQuote by July 24, 2025. This development marks a significant shift in AVJennings’ operational landscape, potentially impacting its market presence and stakeholder interests.
The most recent analyst rating on (AU:AVJ) stock is a Hold with a A$0.66 price target. To see the full list of analyst forecasts on Avjennings Limited stock, see the AU:AVJ Stock Forecast page.
More about Avjennings Limited
Average Trading Volume: 777,085
Current Market Cap: A$370.8M
For an in-depth examination of AVJ stock, go to TipRanks’ Overview page.