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SKYCITY Entertainment Group Limited ( (SKYZF) ) has issued an update.
The Accident Compensation Corporation (ACC) has increased its substantial holding in SKYCITY Entertainment Group Limited, now holding 8.750% of the company’s ordinary shares, up from 7.665%. This change results from a series of transactions between November 2023 and May 2025, including significant purchases and sales of shares. This increase in stake by ACC, a major institutional investor, could indicate confidence in SKYCITY’s market positioning and future prospects, potentially impacting investor sentiment and market dynamics.
More about SKYCITY Entertainment Group Limited
SKYCITY Entertainment Group Limited operates in the entertainment and hospitality industry, primarily offering casino and gaming services alongside hotels, restaurants, and bars. The company focuses on providing leisure and entertainment experiences across its properties in New Zealand and Australia.
For detailed information about SKYZF stock, go to TipRanks’ Stock Analysis page.