InvestSMART

Advanced Innergy Holdings Limited (ASX:AIH)

ALERT: Price-sensitive ASX Announcement for AIH
Current share price for AIH : $0.415 -0.385 (-48.13%)+
Release
4 Jun 2026 3:07PM
Price at Release
$0.800
Full Release
download
Summary
The document is a Scheme Booklet related to Matrix Composites & Engineering Ltd (MCE), registered by the Australian Securities and Investments Commission (ASIC). It details a proposed scheme of arrangement where Advanced Innergy Holdings Limited (AIH), through its nominee, Advanced Innergy Solutions Australia Pty Ltd, intends to acquire all the shares of MCE. The scheme outlines the conditions precedent, implementation steps, and financial valuation assessments needed for the scheme's approval, including an independent expert report by BDO Corporate Finance. The document also includes financial statements and assessments of MCE's assets and liabilities, aiming to provide shareholders with comprehensive information regarding the scheme's fairness and reasonableness.
Key Points
  • Scheme Booklet for Matrix Composites & Engineering Ltd registered by ASIC.
  • Advanced Innergy Holdings Limited to acquire MCE shares.
  • Scheme includes conditions precedent and implementation steps.
  • Independent expert report by BDO Corporate Finance included.
  • Financial valuation assessments of MCE assets and liabilities.
  • Details on the scheme's fairness and reasonableness for shareholders.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.