MyDeal.com.au Limited (ASX: MYD) announced that the Supreme court of New South Wales has approved the procurement of 80.2% of the issued shares in MyDeal by Woolworths Group Limited via the way of Scheme of Arrangement.
It is anticipated that the company will lodge an office copy of the court orders with the Australian Securities Exchange and Investment Commission on 14 September 2022. Following that, the scheme will be legally effective. After this, the company will request that quotation of its shares on the ASX be suspended from the close of trading on 14 September 2022.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
