Executive Series 20 Jul 17: NEXTDC Limited (NXT) CEO Craig Scroggie

CommSec

Online Stockbroker

CommSec's Tom Piotrowski speaks with NEXTDC Limited (NXT) CEO Craig Scroggie about its recent purchase of a 16% stake in Asia Pacific Data Centre Group (AJD) and how that aligns with the company’s strategic focus.

Topics covered 

  • NXT’s relationship with Asia Pacific Data Centre Group (AJD) whose sole assets are three data centre properties occupied by NEXTDC under long-term lease arrangements in Sydney, Melbourne  and Perth .
  • NXT’s recent purchase of a 16% stake in Asia Pacific Data Centre Group (AJD) and how that aligns with the company’s strategic focus.
  • An upcoming meeting of AJD security holders that has been called by 360 Capital (TGP) to consider resolutions to remove the responsible entity of AJD and replace it with a nominee of 360 Capital. 


1 stock mentioned

CommSec
Online Stockbroker
Online Stockbroker

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...

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