Vmoto (ASX:VMT) has requested a trading halt as it seeks removal from the ASX. The halt is effective immediately and will last until the anticipated announcement or the commencement of normal trading on December 18, 2024.
Vmoto (ASX:VMT) has put a trading halt in place as it plans to announce its application for removal from the ASX's Official List. This halt will remain until the announcement is made or until normal trading resumes on December 18, 2024. The company's decision could signal a strategic change in market operations, impacting its shareholders and investors. The request was authorized by company secretary Joan Dabon and made to ASX Listings Compliance in Perth. Vmoto's move to delist reflects potential changes in its corporate strategy and market presence.
The company has assured that there is no reason why this request should not be granted.