“LGI has made the decision to temporarily delay its planned IPO because of the current uncertainty in capital markets,” the board said in a letter to shareholders.
The company also said the federal government’s announcement about changes to the Emissions Reduction Fund had added to investor uncertainty, however it was not expected to have a material effect on LGI’s forecast FY22 earnings.Energy Minister Angus Taylor made his ERF announcement on March 4, derailing LGI’s plans to lodge a prospectus for its IPO on March 7.
LGI Ltd’s board is expected to re-consider an IPO and listing should markets settle. Bell Potter and Morgans were lead managers.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше: