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SMS Management & Technology Ltd (SMX.AX)

SMX.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Nomura Research Institute unit ASG Group buys SMS Management & Technology
2:14am EDT 

Sept 26(Reuters) - Nomura Research Institute Ltd <4307.T>:Says its wholly owned unit ASG Group Limited acquired 100 percent voting power in SMS Management & Technology Limited <<>> , for 10 billion yen in total, on Sept. 26.Acquisition plan was announced on June 20.  Full Article

SMS Management & Technology says supreme court approves scheme for proposed acquisition
Wednesday, 6 Sep 2017 04:18am EDT 

Sept 6 (Reuters) - SMS Management & Technology Ltd ::Supreme Court of Victoria made orders approving scheme of arrangement for proposed acquisition of SMS by ASG group.  Full Article

SMS Management & Technology says shareholders voted in favour of ASG Group's proposal
Thursday, 31 Aug 2017 10:31pm EDT 

Sept 1 (Reuters) - Sms Management & Technology Ltd :Board has determined to pay a fully-franked special dividend of 10.2 cents per SMS share.If scheme does not become effective, then no special dividend will be paid.SMS shareholders voted in favour of proposal by ASG Group Ltd to acquire 100 pct of issued share capital of co.  Full Article

Sms Management & Technology posts FY net loss attributable of $42.1 mln
Tuesday, 22 Aug 2017 12:50am EDT 

Aug 22 (Reuters) - Sms Management & Technology Ltd :FY total revenue from ordinary activities down 7 percent to $304.5 million.FY net loss for the period attributable to members $42.1 million.Announced special dividend of up to a maximum of 10.2 cents per ordinary share.  Full Article

SMS Management & Technology says court approves convening of Scheme Meeting
Wednesday, 26 Jul 2017 01:14am EDT 

July 26 (Reuters) - SMS Management & Technology Ltd :Court ordered scheme meeting to consider & vote on scheme that ASG group will acquire 100% of issued share capital of sms.  Full Article

SMS Management & Technology concludes that ASG offer is superior
Wednesday, 14 Jun 2017 04:44am EDT 

June 14 (Reuters) - SMS Management & Technology Ltd :"Has concluded that the ASG offer is a superior proposal".Refers to receipt of an unconditional and irrevocable binding offer (the asg offer) from ASG Group.  Full Article

SMS Management & Technology received update from Asg Group on expression of interest
Monday, 12 Jun 2017 07:04pm EDT 

June 13 (Reuters) - Sms Management & Technology Ltd - :Asx alert-updated expression of interest from asg group-smx.ax.Received update from asg group limited on non-binding, indicative expression of interest to acquire 100% of shares in sms.‍offer price of $1.80 per sms share, payable in cash​.  Full Article

DWS updates on scheme of arrangement with SMS Management & Technology
Monday, 22 May 2017 03:08am EDT 

May 22 (Reuters) - Dws Ltd :Dws will be required to issue 'new DWS shares to SMS shareholders as part of consideration for transfer of their shares in sms to dws.  Full Article

DWS Ltd updates on proposed acquistion of SMS Management & Technology
Thursday, 4 May 2017 03:01am EDT 

May 4 (Reuters) - Dws Ltd :Refers to announcement earlier today by SMS Management & Technology.Court approved convening of scheme meeting for 14 june 2017.Under scheme, cash component of scheme consideration will be reduced by cash value of any special dividend paid to sms shareholders.Under scheme of arrangement, it is proposed that DWS will acquire 100% of issued share capital of SMS.  Full Article

SMS Management & Technology enters into scheme implementation agreement with DWS Ltd
Sunday, 26 Feb 2017 07:22pm EST 

SMS Management & Technology Ltd : Enters into scheme implementation agreement with dws ltd . DWS will acquire 100 percent of issued share capital of sms for consideration implies an enterprise value of $124 million Source (http://bit.ly/2lKvMl3) Further company coverage: [SMX.AX] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF- Nomura Research Institute unit ASG Group buys SMS Management & Technology

* Says its wholly owned unit ASG Group Limited acquired 100 percent voting power in SMS Management & Technology Limited , for 10 billion yen in total, on Sept. 26