This article is from the Australian Property Journal archive
LISTED valuation firm LandMark White has completed its entitlement offer, raising $5.44 million and is expected to resume trading on the ASX within a week.
LMW said the directors are very pleased with the strong support from existing shareholders and the level of interest received from prospective investors, including by existing employees of the company.
LMW said following the capital raising, it now has the funding to deliver on its plan and is confident in achieving these objectives.
Meanwhile the company expects its securities to be reinstated on 26 August, although it is subject to the ASX’s discretion and may change.