SIT
Director Trades
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Company News
Site Group International raising $4m to fund its growth strategies
Site Group (ASX: SIT) is on-track to secure the capital required to pursue its growth strategies, with a raising underway attracting “outstanding support” and the company approving a shortfall placement and an increase to the $3.9 million target. As part of the previously announced entitlement offer, Site retained the right to place any shortfall of […]
Site Group executing on post-COVID recovery with ‘rapid growth’ of trainee uptake in the Saudi Arabia
Education and training provider Site Group International (ASX: SIT) has revealed “rapid growth” in its trainee numbers for apprenticeship programs at its Maharat Construction Training Centre (MCTC) in the Kingdom of Saudi Arabia. The company was hit hard by COVID-19, but is returning to form with circa $31 million revenue projected in FY2025. This will […]
Site International launches $3.9m raising to progress Philippines development
Training services company Site Group International (ASX: SIT) has launched an entitlement offer to raise $3.9 million in part for the development of its 38.4% interest in acreage at Clark in the Philippines. The land was independently valued at around A$26 million in 2022, based on its current low-use zoning, however Site is working on […]
