Synlait Milk Ltd. (AU:SM1) has released an update.
Synlait Milk Limited has requested a trading halt on their securities, including equity and debt, pending a special shareholders’ meeting where a resolution on a shareholder loan proposal will be voted upon. The halt commenced on 11 July 2024 at 11:30 am AEST and will end with the announcement of the voting outcome. This move ensures regulatory compliance and market fairness ahead of key corporate developments.
For further insights into AU:SM1 stock, check out TipRanks’ Stock Analysis page.