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Multistack International Seals Asset Sale to Willing Y Limited, Eyes New Business Path

10:22am on Friday 17th of April, 2026 AEST Industrial Goods
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Multistack International Seals Asset Sale to Willing Y Limited, Eyes New Business Path

10:22am on Friday 17th of April, 2026 AEST
Key Points
  • Binding asset sale agreement signed with Willing Y Limited
  • MSI to discontinue current business due to sustained losses
  • Transaction requires shareholder vote, expert report, and regulatory clearances
  • MSI to retain limited net assets post-sale and seek new opportunities
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