Professional Investment Holdings Ltd (PIH) has announced that its proposed merger with Centrepoint Alliance Limited (CAF) has been approved by a majority vote of its shareholders.
In order to proceed with the proposal, PIH required a 75% vote in favour of the merger in each share class.
PIH Chairman Stephen Murphy said, “Shareholder approval brings the Group a step closer to realisation of a long-term goal of being listed on the ASX and provides the platform for the next stage of PIH’s growth.”
