Selfwealth shareholders vote in favour of Syfe Group takeover
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The news: Shareholders of investing platform Selfwealth have voted in favour of the company's proposed acquisition by Svava, the holding company of Singapore-based investment firm Syfe Group.
The numbers: 88.46% of shareholders present and voting were in favour of the 28 cents-per-share offer.
The context: Selfwealth said it will apply for the Federal Court for approval of the scheme of arrangement on 28 April. Should it be approved, Selfwealth would be set to delist from the ASX on 7 May.
The source: ASX
