APM Suspended from Quotation on ASX
Key points
- Supreme Court orders scheme of arrangement approved
- Ancora BidCo Pty Ltd to acquire all APM shares
- Suspension from quotation effective close of trading 25 Sep 2024
Full summary
APM Human Services International Ltd (ASX: APM) has been suspended from quotation on the Australian Securities Exchange (ASX) effective at the close of trading on Wednesday, 25 September 2024. The suspension follows the lodgement of the Supreme Court of New South Wales' orders with the Australian Securities and Investments Commission (ASIC) approving the scheme of arrangement by which Ancora BidCo Pty Ltd will acquire all of the issued shares in APM. This marks the final step in the process of Ancora BidCo acquiring 100% ownership of APM, after the scheme of arrangement was previously approved by APM shareholders. With the suspension from quotation, APM's shares will no longer be traded on the ASX.
Summary generated by a large language model. Please interpret with care.