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Morris Group submits revised acquisition offer, targeting all assets of Reef Casino Trust.

Morris Group submits revised acquisition offer, targeting all assets of Reef Casino Trust.

Morris Group recently submitted a revised conditional off-market cash acquisition proposal through its subsidiary MGGM Cairns No1 Pty Ltd to Reef Casino Trust (RCT), proposing to acquire all units and related assets under RCT. This proposal was modified based on the non-binding offer first made in J

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Reef Casino Trust reports stable performance

Reef Casino Trust reports stable performance

The company posted a distributable profit in line with pre-pandemic results.Australia.-Reef Casino Trusthas shared its financial results for the year 2024. The company posted a distributable profit of AU$10.1m (US$6.4m).Revenue and other income reached AU$25.5m (US$16.1m), primarily derived from ren

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