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Raptis Group Raises $1.98M, Eyes Acquisition Amid Board Shake-Up
3:53pm on Friday 25th of July, 2025 AEST
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Real Estate
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Raptis Group Raises $1.98M, Eyes Acquisition Amid Board Shake-Up
3:53pm on Friday 25th of July, 2025 AEST
Key Points
Raised $1.98 million via private placement and entitlement offer
Plans acquisition of Sterling on Broadbeach management business pending shareholder approval
Long-serving Chair James Raptis to step down; new CEO Russell Garnett appointed
Stable cash flow from Gallery and Pearl Residences management rights
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