eChoice Limited
(ASX:ECO) has announced its intention to seek shareholder approval to delist from the ASX.
The proposal will be put to shareholders at an Extraordinary General Meeting to be held in June.
The board says it believes the de-listing is in the best interests of the company, due to the low level of trading of the company’s securities on the ASX.
The company has also noted that trading conditions in home loan markets have softened.
eChoice Limited
(ASX:ECO) reported a $86,000 loss at 31 December 2015.
