11:26 AM EST - Carmanah Technologies Corporation : Has completed the sale of a significant portion of the assets of the Company to SPX Corporation for $77.0 million U.S., as previously announced on December 12, 2018 and as approved by Carmanah shareholders at a special meeting held on January 22, 2019. The assets sold include all of the issued and outstanding equity interests of each of Sabik Oy, Sabik Oü, Sabik Private Ltd., and Sabik Ltd., and their respective assets, the business and assets the Company’s Airfield Ground Lighting business, its Aviation Obstruction Lighting business as well as some miscellaneous business assets that support the businesses to be sold. Carmanah Technologies Corporation
shares T.CMH are trading unchanged at $6.60.
