Brief: Raiz Invest Posts Revenue A$5.66M In Q1

RAIZ Invest

28/10/2024 01:11

Oct 28 (Reuters) - Raiz Invest Ltd  RZI.AX :
    * REVENUE IN Q1 FY25 WAS A$5.66M, UP 15.2% YOY
    * AS AT 30 SEPTEMBER, TOTAL FUNDS UNDER MANAGEMENT OF
A$1.512BN UP
31.8% YOY
    * IN PROCESS OF DIVESTING ITS OPERATIONS IN MALAYSIA
    * RAIZ MALAYSIAN FUND CLOSED, FINALISING REMAINING LEGAL AND
ACCOUNTING REQUIREMENTS WITH LOCAL JOINT VENTURE PARTNER
    * RAIZ MALAYSIAN FUND HAS BEEN CLOSED

Source text:  ID:nASX3xF4FT 
Further company coverage:  RZI.AX 

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