KMD Brands Ltd reinstated to ASX quotation
Key points
- KMD Brands Ltd suspended trading lifted
- Announcement regarding completion of placement and institutional entitlement offer
- Reinstatement to quotation effective immediately
Full summary
KMD Brands Ltd (ASX: KMD) has been reinstated to quotation on the Australian Securities Exchange (ASX) with immediate effect. The suspension of trading in KMD's securities was lifted following the release of an announcement by the company regarding the completion of a placement and the institutional component of an entitlement offer. The reinstatement to quotation allows KMD's shares to resume trading on the ASX. This announcement provides clarity and allows the market to continue trading in KMD's securities.
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