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Augusta raising $45m to offset Covid-19 impact

The company has let three directors go to cut costs and make way for one from Centuria Capital.

Andrew Bevin Tue, 05 May 2020

NZX-listed Augusta Capital wants to raise $45 million to strengthen its balance sheet after two fund offers didn’t launch because of the Covid-19 pandemic.

The delayed launch of the Augusta Property Fund and Tourism Fund, as well as an Asset Plus capital raise that didn’t go ahead, stung the

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Andrew Bevin Tue, 05 May 2020
Contact the Writer: andrew@nbr.co.nz
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Augusta raising $45m to offset Covid-19 impact
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