KELSIAN GROUP LIMITED - ASX Briefs

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KELSIAN GROUP LIMITED (ASX: KLS)

KLS: Completion Institutional Entitlement Offer and Placement

KELSIAN GROUP LIMITED

Kelsian Group has successfully completed its institutional placement and institutional entitlement offer.
The equity raising attracted strong support from existing and new institutional shareholders, raising approximately $233 million.
No shareholder approval is required for the placement.

2023-03-17 09:33:00

KLS: Acquisition of All Aboard America! Holding and Capital Raise

KELSIAN GROUP LIMITED

Kelsian acquires AAAHI for US$325 million, providing an entry into the large USA market.
The acquisition is expected to be upper single digit EPSA accretive in pro forma CY22.
Kelsian funds the acquisition through equity raising and AAAHI management team will be retained.

2023-03-15 19:19:00

KLS: Sydney Bus Services Contract Award

KELSIAN GROUP LIMITED

Kelsian Group Limited (ASX:KLS) has been awarded a new contract to operate bus services in a newly formed Region 2 area from October 2023.
The contract is valued at over $500 million and extends Kelsian's track record of successful organic growth.
The contract includes the combined operation and maintenance of 230 buses located at three depots, to be staffed by nearly 400 employees.

2023-02-20 08:02:00