SKC
12/11/2015 08:41
GENERAL
NOT PRICE SENSITIVE
REL: 0841 HRS SKYCITY Entertainment Group Limited (NS)
GENERAL: SKC: SKYCITY(SKC): NZICC-related Regulatory Concessions commence
On 27 October 2015 SKYCITY Entertainment Group Limited (SKC) announced that
SKYCITY and The Fletcher Construction Company Ltd had entered into a binding
commitment letter which records the agreed commercial and legal terms of the
building works contracts for the New Zealand International Convention Centre
(NZICC) and Hobson Street hotel.
At the time, SKYCITY said it expected formal signing of the two building
works contracts in November, once a small number of outstanding matters had
been satisfied.
SKYCITY now confirms that it has signed the building works contracts for the
Convention Centre and Hobson Street Hotel with Fletcher Construction and that
as a result, the regulatory concessions conferred by the New Zealand
International Convention Centre Act 2013 are now operative and will now be
activated.
End CA:00273266 For:SKC Type:GENERAL Time:2015-11-12 08:41:29
