Brief: Skycity Entertainment Updates On Concession Agreement
10/12/2023 20:16
Dec 11 (Reuters) - Skycity Entertainment Group Ltd
SKC.NZ :
* UPDATE ON CONCESSION AGREEMENT
* AGREED A MUTUALLY BENEFICIAL COMMERCIAL RESOLUTION TO
OUTSTANDING DISPUTES WITH MPF PARKING NZ
* RESOLUTION IN RELATION TO LONG TERM CONCESSION AGREEMENT
ENTERED
INTO IN RESPECT OF SKYCITY AUCKLAND CAR PARK
* SKYCITY AND MPF AGREED IN EXCHANGE FOR RETURN OF CAR PARK
ON 31
JAN 2024 COMPENSATION SUM OF NZ$204 MILLION TO BE PAID BY CO
Further company coverage: SKC.NZ
((Reuters.Briefs@thomsonreuters.com;))
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