Article: AHL announces 1-for-5 rights issue.

Byline: Michael Bennett

Nov 03, 2009 (The Australian - ABIX via COMTEX) -- Around 70% of Amalgamated Holdings shareholders have agreed to take up the group's one-for-five renounceable rights issue. MD, David Seargeant, said the $A107m non-underwritten issue would help fund new acquisitions, including the possible purchase of a $A34m hotel. Seargeant said Amalgamated Holdings spent ...

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