GSH Market Update - Completion of Sale of Assets

TRANSACT
Thu, Nov 02 2023 08:30 am

Auckland, 1 November 2023: Good Spirits Hospitality Limited is pleased to advise that the sale of its business assets to Brew on Quay Limited has been successfully completed. The Company will continue to work on meeting its post-completion obligations in respect of the sale, as well as obtaining the Binding Ruling (as described in the notice of meeting) and, subject to that and meeting the solvency test in the Companies Act 1993, the Company still intends to make a distribution as advised in previous announcements.

The Company will keep the market updated as to these aforementioned activities, including the planned eventual delisting providing at least 5 business days' advance notice of the exact delisting date.

END

Company Secretary
Good Spirits Hospitality Limited
Email: [email protected]


Announcement PDF


Markets News

Drury’s ASX stag, MetroGlass’s new owner, and more
Markets Small Cap Wrap

Drury’s ASX stag, MetroGlass’s new owner, and more

Rod Drury goes ‘pre-revenue’ again, plus small cap news from NZ.

Property

Listed property firms welcome ‘Investment Boost'

The tax policy could translate into millions in extra cash.

Listed property firms welcome ‘Investment Boost'
Markets Market Close

NZX down as property company gets key renewal

ASB Bank has extended the lease for its downtown Auckland site for another nine years.

Tom Raynel 03 Jul 2025
NZX down as property company gets key renewal