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SKYCITY Entertainment Group Limited ( (SKYZF) ) has shared an update.
SkyCity Entertainment Group Limited has requested a trading halt on its securities as it prepares to announce the outcome of a significant capital raise and its financial results for the fiscal year ending June 2025. The company aims to raise NZ$240 million through a combination of a placement and an accelerated non-renounceable entitlement offer, fully underwritten by major financial institutions. This move is intended to ensure a fair and transparent market by preventing information asymmetry among investors.
More about SKYCITY Entertainment Group Limited
SkyCity Entertainment Group Limited is a prominent player in the entertainment and hospitality industry, primarily offering casino and gaming services. The company operates in New Zealand and Australia, focusing on providing comprehensive entertainment experiences through its casinos, hotels, and restaurants.
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