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Multistack International Limited (ASX:MSI)

ALERT: Price-sensitive ASX Announcement for MSI
Current share price for MSI : $0.003 0 (0%)+
Announcement
Release
8 Apr 2026 10:38AM
Price at Release
$0.003
Full Release
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Summary
Multistack International Limited (MSI) has announced an agreement to sell all its assets and liabilities to Willing Y Limited, a Hong Kong-based company focused on exporting air conditioning components. The transaction includes transferring 100% of the shares of its subsidiary, Multistack Australia Pty Ltd, to WYL, who will assume all liabilities of MSI. Certain assets and liabilities are excluded from the sale. The completion of the transaction is subject to shareholder approval, an independent expert's report, and regulatory requirements. MSI will continue as a going concern until the transaction is finalized, with completion targeted by the end of June 2026.
Key Points
  • MSI has agreed to sell all its assets and liabilities to Willing Y Limited (WYL).
  • WYL is a Hong Kong-based entity focusing on exporting air conditioning components.
  • The transaction includes 100% shares of Multistack Australia Pty Ltd.
  • The purchase price will be paid by WYL assuming all liabilities of MSI.
  • Certain assets and liabilities are excluded from the sale.
  • The transaction is subject to shareholder approval and regulatory requirements.
  • MSI will continue operations as a going concern until the transaction completion.
  • Completion is targeted by the end of June 2026.
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.