Brief: Hills Says New Funding By Private Investor Historical Holdings Pty
22/03/2023 09:49
March 22 (Reuters) - Hills Ltd HIL.AX :
* NEW FUNDING BY PRIVATE INVESTOR HISTORICAL HOLDINGS PTY
* NEW FUNDS WILL BE USED TO RECAPITALISE BUSINESS,
ACCELERATE
GROWTH PATHWAYS TO RETURN CO TO PROFITABILITY
* HISTORICAL HOLDINGS AGREED TO INITIAL A$4.4 MILLION
CAPITAL
INJECTION INTO CO AS NEW PLACEMENT AND ENTITLEMENT OFFER
Source text for Eikon: ID:nASXTkt5j
Further company coverage: HIL.AX
((Reuters.Briefs@thomsonreuters.com;))
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