SALE OF MHI EQUIPMENT CORRECTION
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| Stock | Merchant House International Ltd (MHI.ASX) |
|---|---|
| Release Time | 10 Feb 2025, 2:33 p.m. |
| Price Sensitive | Yes |
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Merchant House International corrects equipment sale price
Key Points
- Sale price of AMI Equipment was A$6.45 million, not US$4 million
- Company apologizes for inadvertent error in previous announcement
- Announcement authorized by the Board of the Company
Full Summary
Merchant House International Ltd has issued a correction to its previous announcement regarding the sale of AMI Equipment. The company had inadvertently converted the US$4 million sale price to A$6.45 million without including the 'million' in the announcement. The company has now clarified that the actual sale price was approximately A$6.45 million. The company has apologized for this error and stated that the announcement was authorized by the Board of the Company.
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