Integrated resorts operator Lasseters International Holdings is planning to hold an extraordinary general meeting (EGM) in October to seek shareholders’ approval on the proposed disposal of its Australian assets and business announced earlier this year.  

This was revealed in the company’s response to the Singapore Exchange Regulation’s (SGX RegCo) query earlier today.

At 10.58am, shares in Lasseters surged to 0.061 cents, 24.5% higher than its last-closed price of 0.049 cents, prompting SGX RegCo to issue a query.

On April 19, Lasseters proposed the disposal of the freehold land and buildings, improvements and the business and business assets of its subsidiaries, Ford Dynasty and Lasseters Health Club. 

Shares in Lasseters closed 0.029 cents higher or 59.1% up at 0.078 cents on Sept 7.

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Photo: Lasseters' website