Kelsian Group LimitedASX: KLS

Completion of Tourism Portfolio Divestment

· Issued by Kelsian Group Limited

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Kelsian Group Limited has announced the successful completion of the sale of its Tourism Portfolio, which occurred today. The company received gross cash proceeds from the sale, which will strengthen its balance sheet and reduce leverage. Kelsian's updated guidance for the upcoming fiscal year reflects the impact of this divestment, excluding the Tourism Portfolio from its financials. The CEO emphasized that this milestone allows Kelsian to focus on its core transport services and growth opportunities in various markets.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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