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GR Engineering Secures $100 Million Placement Backed by Institutional Investors
9:51am on Wednesday 26th of August, 2026 AEST
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Engineering Services
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GR Engineering Secures $100 Million Placement Backed by Institutional Investors
9:51am on Wednesday 26th of August, 2026 AEST
Key Points
Institutional placement raises $100 million at $6.10 per share
Placement priced at 3.3% discount to last trade
Share Purchase Plan targets $10 million for eligible shareholders
Funds to support contracted and near-term project pipeline
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Gr Engineering Services (ASX:GNG)
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