Brief: Good Spirits Hospitality Decides To Pursue Sale Of Assets Of Co And Its Subsidiaries

Good Spirits Hospitality

21/12/2022 01:31

Dec 21 (Reuters) - Good Spirits Hospitality Ltd
 GSH.NZ :
    * DECIDED TO PURSUE SALE OF ASSETS OF GSH AND ITS
SUBSIDIARIES
WHICH COMPRISES NINE OPERATING VENUES
    * SEEKING NON-BINDING INDICATIVE BIDS FOR ALL NINE OF ITS
OPERATING VENUES AS A GROUP BY 24 FEB 2023
    * EXPECTS OPERATING REVENUE FROM NINE OPERATING VENUES
AVAILABLE
FOR SALE TO BE NZ$25.5M FOR 12 MONTHS
    * FORECASTING IMPROVED FINANCIAL RESULT IN FY23

Source text for Eikon:  ID: 
Further company coverage:  GSH.NZ 
 ((Reuters.Briefs@thomsonreuters.com;))