Quickstep finalises placement

written by australianaviation.com.au | December 13, 2009

Quickstep Holdings announced on December 7 that it has finalised a share placement with institutional and sophisticated investors, raising $11.492 million which will be used for the purchase of capital equipment for production of parts for the Joint Strike Fighter program. The company also plans to raise a further $6.24 million in a share purchase plan, which will close on January 6.

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