Village halts plans for more Topgolf centres

Original article by Max Mason
The Australian Financial Review – Page: 15 : 17-Jan-19

Village Roadshow is believed to have put the rollout of its Topgolf venture on hold. Village Roadshow opened the first of eight propose Topgolf venues in mid-2018, but the company is said to have halted the rollout until the performance of the Gold Coast venue can be ascertained. Meanwhile, Village Roadshow’s deputy chairman John Kirby is pushing for asset sales and the removal of executive chairman Robert Kirby and CEO Graham Burke.

CORPORATES
VILLAGE ROADSHOW LIMITED – ASX VRL, TOPGOLF, WET `N’ WILD WATER PARK, K CAPITAL PTY LTD, ARNOLD BLOCH LEIBLER

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