VOL victory offices limited

News: VOL Victory Offices Announces A$15.3 Million Equity Raising

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    June 4 (Reuters) - Victory Offices Ltd (VOL) :

    • ANNOUNCES A$15.3 MILLION EQUITY RAISING
    • EQUITY RAISING AT OFFER PRICE OF A$0.375 PER SHARE
    • NO MATERIAL CAPITAL EXPENDITURE IS FORECAST FOR FORSEEABLE FUTURE
    • EMPLOYEE COSTS TO REDUCE BY MORE THAN 40%
    • IMPLEMENTED REDUCTION IN CO'S CASUAL WORKFORCE
 
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