SeaLink Travel Group enters trading halt

Company News

SeaLink Travel Group Limited (ASX:SLK) has been placed in a trading halt ahead of a potential capital raising. 
 
Shares in the ferry and cruise operator have been put into a trading halt at the request of the company, in relation to a proposed capital raising and acquisition transaction.
 
The trading halt is set to remain in place until the company makes an announcement to the market or the commencement of trading on Friday 18 September. 
 
The company has attributed recent positive performance to a surge in international tourism, supported by the falling Australian Dollar.
 
SeaLink Travel Group Limited reported a net profit of $9.35 million for FY15.