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Raptis Group Ltd. ( (AU:RPG) ) just unveiled an announcement.
Raptis Group Limited announced the results of its non-renounceable entitlement offer, which raised approximately $1.75 million. The offer involved the issuance of new shares to existing shareholders, with a significant portion underwritten by GAS Asset Holdings Pty Ltd and Hayman Developments (QLD) Pty Ltd. The underwriters and entities associated with the company’s directors have taken substantial allocations, strengthening their positions in the company. This move is expected to bolster Raptis Group’s financial standing and support its ongoing development projects.
More about Raptis Group Ltd.
Raptis Group Limited operates in the real estate development industry, focusing on providing property development services in Australia. The company is involved in various real estate projects and aims to enhance its market presence through strategic investments and partnerships.
Average Trading Volume: 294,580
Technical Sentiment Signal: Buy
Current Market Cap: A$21.04M
For detailed information about RPG stock, go to TipRanks’ Stock Analysis page.
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