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Why Is Multistack Discontinuing Its Core Business After Asset Sale?
3:01pm on Friday 25th of July, 2025 AEST
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Industrial Machinery
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Why Is Multistack Discontinuing Its Core Business After Asset Sale?
3:01pm on Friday 25th of July, 2025 AEST
Key Points
No chiller sales recorded in Q2 2025; revenue from spare parts only
Super Link Company Limited exercised option to acquire Verdicorp assets
Loan of AUD 3.55 million fully settled through asset sale
Board decides to discontinue current business due to ongoing losses
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Multistack International (ASX:MSI)
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