Quickstep Shareholders to Vote on Acquisition Proposal by ASDAM Operations

MT Newswires Live

2025/04/11

Quickstep Holdings (ASX:QHL) said that its shareholders are set to vote on a proposed acquisition by ASDAM Operations, according to a Thursday filing with the Australian bourse.

The acquisition would see ASDAM acquire 100% of Quickstep's fully paid ordinary shares through a scheme of arrangement, the filing said.

If shareholders approve the scheme, the proposal will proceed to the second court hearing in the Federal Court of Australia on April 16 for final approval, the filing added.

Shareholders may oppose the approval of the scheme at the hearing by filing a notice of appearance and affidavit with Quickstep's legal representatives, at least one day before the hearing.

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