New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>SkyCity’s (SKC) Adelaide casino has been found suitable to hold its South Australian casino licence.</li><li>The confirmation of suitability reassures investors that: (1) new management is driving a positive cultural shift at SkyCity Adelaide, which was duly noted by regulators; (2) SKC’s investment in compliance and its business transformation project is comprehensive and fit for purpose, albeit complex; and (3) the tail risk of a non-suitability finding has now been removed.</li><li>We estimate an A$50m penalty payable in FY26—short of the maximum potential penalty of A$75m—with credit applied for the NZ$60m programme of works agreed between SKC Adelaide and Kroll, and approved by the South Australian Government.</li></ul>

SkyCity’s (SKC) Adelaide casino has been found suitable to hold its South Australian casino licence.The confirmation of suitability reassures investors that: (1) new management is driving a positive cultural shift at SkyCity Adelaide, which was duly noted by regulators; (2) SKC’s investment in compliance and its business transformation project is comprehensive and fit for purpose, albeit complex; and (3) the tail risk of a non-suitability finding has now been removed.We estimate an A$50m penalty payable in FY26—short of the maximum potential penalty of A$75m—with credit applied for the NZ$60m programme of works agreed between SKC Adelaide and Kroll, and approved by the South Australian Government.

スカイシティ規制の雲がアデレード上空で晴れ

Skycity Entertainment

スカイシティ規制の雲がアデレード上空で晴れ