Alice Queen Limited (ASX: $AQX) has requested a trading halt for its ordinary shares on the Australian Securities Exchange (ASX) in relation to a strategic capital raising. The trading halt is aimed at managing the company's continuous disclosure obligations as it expects to make an announcement to the market regarding the purpose of the halt before the commencement of normal trading on Tuesday, 9 April 2024.
The trading halt requested by Alice Queen Limited is in line with the company's intention to make an announcement to the market regarding a strategic capital raising. This decision reflects the company's commitment to managing its continuous disclosure obligations and ensuring that the market is informed about the purpose of the trading halt. The company aims to provide the necessary information to the market before the commencement of normal trading on Tuesday, 9 April 2024.
Alice Queen Limited (ASX: $AQX) has requested a trading halt in anticipation of making an announcement to the market regarding a strategic capital raising. The company aims to manage its continuous disclosure obligations and provide the market with relevant information before the commencement of normal trading on Tuesday, 9 April 2024. This strategic move aligns with the company's efforts to ensure transparency and effective communication with its stakeholders. The outlook for Alice Queen Limited involves the forthcoming announcement, which is expected to shed light on the purpose of the trading halt and the company's strategic capital raising initiative.