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

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.