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SKYCITY Entertainment Group Limited ( (SKYZF) ) has issued an update.
Allan Gray Australia Pty Ltd, through its related corporate bodies, has increased its substantial holding in SkyCity Entertainment Group Limited from 13.937% to 15.064%, reflecting a significant investment move. This increase in shareholding suggests a vote of confidence in SkyCity’s market strategy and operations, potentially impacting the company’s market perception and stakeholder interests.
More about SKYCITY Entertainment Group Limited
SkyCity Entertainment Group Limited operates in the entertainment and hospitality industry, primarily focusing on casino and gaming services. The company is known for its integrated entertainment complexes, offering a mix of gaming, restaurants, bars, and hotels, mainly in New Zealand and Australia.
YTD Price Performance: -1.25%
Average Trading Volume: 500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $602.7M
Find detailed analytics on SKYZF stock on TipRanks’ Stock Analysis page.
