Silk Logistics Holdings (ASX:SLH) said that a resolution, regarding the acquisition by DP World Australia of all shares in the company, through a scheme of arrangement, was approved by a majority of its shareholders in a Friday meeting, according to a same-day Australian bourse filing.
A total of 99.91% of the votes cast by eligible shareholders on the resolution were in favor of it, per the filing.
The scheme meeting is set on Aug 6, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.