BRIEF-Raiz Invest Posts Revenue A$5.66M In Q1

Reuters

2024-10-28

Oct 28 (Reuters) - Raiz Invest Ltd :

* REVENUE IN Q1 FY25 WAS A$5.66M, UP 15.2% YOY

* AS AT 30 SEPTEMBER, TOTAL FUNDS UNDER MANAGEMENT OF A$1.512BN UP 31.8% YOY

* IN PROCESS OF DIVESTING ITS OPERATIONS IN MALAYSIA

* RAIZ MALAYSIAN FUND CLOSED, FINALISING REMAINING LEGAL AND ACCOUNTING REQUIREMENTS WITH LOCAL JOINT VENTURE PARTNER

* RAIZ MALAYSIAN FUND HAS BEEN CLOSED

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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