SALE OF MHI EQUIPMENT CORRECTION

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.