Generation Development Group Limited (AU:GDG) has released an update.
Generation Development Group Limited has completed a significant Equity Raising of $155.4 million, with the retail component raising $29.3 million. The funds will support the acquisition of Lonsec Holdings Pty Ltd’s majority stake, enhancing GDG’s market position. Shareholders participated enthusiastically in the offer, reflecting strong market confidence in GDG’s strategic move.
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