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SCEE Secures $150 Million Placement to Boost Growth and Acquisitions

8:22am on Tuesday 16th of June, 2026 AEST Industrial
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SCEE Secures $150 Million Placement to Boost Growth and Acquisitions

8:22am on Tuesday 16th of June, 2026 AEST
Key Points
  • Raised $150m via placement at $4.00 per share
  • Strong demand from existing and new investors
  • Funds to support working capital and acquisitions
  • Additional $15m non-underwritten share purchase plan
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about Southern Cross Electrical Engineering (ASX:SXE)
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