SkyCity Entertainment Group; Change of Senior Management and COVID-19 Update

SkyCity Entertainment Group Limited (ASX:SKC) provided an update of COVID impact on its business and change in senior management, as mentioned below:


  • All the attractions, bars, casinos, restaurants and hotels have been shut due to coronavirus. This closure included the five properties of SkyCity situated in Adelaide, South Australia and New Zealand;
  • SkyCity implemented certain changes to lessen the adverse impact of COVID including minimising operating costs and significantly reducing Capex;
  • For the purposes of NZX Listing Rule 3.20.1 and part of the management restructuring, SKC’s Chief Property Officer, Peter Alexander would leave the company effective from 2 July 2020;

 


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