Site Group: Enters $15M funding arrangement with Lucerne Investment
- Site Group International (SIT) has entered a $15M funding arrangement with Lucerne Investment Partners
- This money will secure funding for Site’s Clark Asset, accelerate international business growth and provide working capital
- This facility also will enable Site to continue its optimisation and development plans with a higher degree of certainty throughout 2020 and beyond
- Site also operates several businesses, specialising in the delivery of education, training and labour services
- This is in addition to a further potential expansion in Singapore and Australia
- Site has ended the day 1.41 per cent in the red with shares trading for 7 cents apiece
