Goodwood Capital Limited (GWC) has reported a loss after taxation of NZ$220,161 for the six-month period ending 30 September 2022.
The loss was due to costs associated with maintaining an NZX listing, directors fees, accounting and administration costs, and costs associated with the proposed acquisition of WasteCo Holdings NZ Limited (WasteCo).
The Board of GWC is seeking shareholder approval for the acquisition, which would see them acquire 100% of WasteCo in exchange for 504 million new GWC shares, with an additional 170,636,073 new GWC shares to be issued to financial investors, new investors and Mounterowen Limited.
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