Wednesday 17th June 2020
|Text too small?|
SkyCity Entertainment Group has today launched an equity raising as part of a comprehensive funding plan to strengthen its balance sheet in response to uncertainty around the impacts of COVID-19.
SkyCity closed its operations in late March 2020 and reopened its New Zealand properties (excluding Wharf Casino) on 14 May 2020, with the Adelaide Casino anticipated to reopen in late June 2020.
Whilst trading since reopening has been encouraging, SkyCity has been severely impacted by the closures and continues to closely monitor the potential impacts of the virus on its operations, financial position and outlook. Uncertainty remains regarding the future economic environment and ongoing closure of international borders. See link for more detail.
No comments yet
Kathmandu Holdings Limited announces Annual Report 2020
Genesis Energy announced its FY21 Q1 Performance Report
Vector announces its operational performance for the 3 months
Abano Scheme Meeting Materials
Westpac and Afterpay announce partnership
NWF agrees a new Variable Volume Fixed Price Agreement
Takeovers Panel states no objection to Metlifecare scheme
Sichuan Province Trial Confirms Truscreen Technology
PEB Announces Executive Team Changes to Support Growth
Sylvia Park opens the doors on its new Level 1 expansion