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SDI Limited (ASX:SDI)

ALERT: Price-sensitive ASX Announcement for SDI
Current share price for SDI : $1.398 -0.002 (-0.18%)+
Announcement
Release
24 Jun 2026 11:51AM
Price at Release
$1.400
Full Release
download
Summary
SDI Limited announced that the Supreme Court of New South Wales has approved a scheme of arrangement under which InnoXvest Dental Pty. Ltd, a subsidiary of Beijing Guoci Kebo Technology, will acquire all issued share capital of SDI for A$1.40 per share. The scheme will become effective upon lodging court orders with ASIC, and SDI shares will be suspended on the ASX thereafter. The implementation is expected on 6 July 2026. SDI Limited, known for manufacturing dental materials, was advised by Houlihan Lokey and DLA Piper.
Key Points
  • SDI Limited is involved in a scheme of arrangement where InnoXvest Dental Pty. Ltd will acquire 100% of SDI's issued share capital.
  • The acquisition will be for A$1.40 per SDI Share in cash.
  • The Supreme Court of New South Wales has approved the Scheme.
  • The Scheme is expected to become effective upon lodging the Court's orders with the ASIC.
  • SDI shares' trading on the ASX will be suspended from 4:00pm on 25 June 2026.
  • Implementation of the Scheme is expected on 6 July 2026.
  • SDI Limited is an Australian manufacturer and distributor of dental materials.
  • SDI Limited was advised by Houlihan Lokey and DLA Piper.
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.