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Raptis Group Ltd. ( (AU:RPG) ) just unveiled an update.
Raptis Group Limited is set to rebrand as Group One Capital Limited, reflecting its shift from property development to a broader focus on structured finance and investment. The leadership transition includes the retirement of founder James Raptis and the appointment of Ross Patane as the new Chairman. The company has secured significant transactions, such as a $16 million fee from the Sterling Residences Broadbeach project, indicating its strategic direction towards becoming a disciplined financing and investment platform. This rebranding and strategic shift aim to enhance shareholder value and strengthen the company’s market positioning.
More about Raptis Group Ltd.
Raptis Group, founded in 1985, has been a significant player in Queensland’s property market. The company is transitioning to Group One Capital, expanding from property development to structured finance, equity funding, and property-backed investment solutions.
Average Trading Volume: 256,021
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$45.59M
See more insights into RPG stock on TipRanks’ Stock Analysis page.