Eureka Group Holdings Limited
(ASX:EGH) is reporting strong uptake on its share purchase plan and a new acquisition.
The Group says due to the heavy oversubscription of its SPP it has decided to increase the size from $1.7 million to $4 million.
Eureka is keen to capitalise on the support of retail shareholders particularly with a number of new acquisition opportunities in their sights.
Eureka also revealed the 11th retirement village purchase in the last 14 months with a new 45 person village in South Australia to fall under their banner.
Eureka Group reported a net profit of $724,000 for the first six months of the 2015 financial year.