KMD Brands Completes Retail Entitlement Offer
The parent company of Rip Curl, Kathmandu, and Oboz closed the retail leg of its NZ$65.3 million ($38.0 mm) capital raise, raising NZ$11 million ($6.4 mm), as shareholders’ appetite for KMD’s recovery appears tempered. The retail component was part of a NZ$58.5 million entitlement offer, ... Log in to view full article.
