Africa’s biggest carrier could go ahead with the placing on May 16, said the people, who craved anonymity.
Meanwhile, to further clear the coast for the telco, the Securities and Exchange Commission confimed its approval of the telco’s application to register its existing securities. “MTN sought to come to the market by way of an introduction and they wrote to the SEC last week requesting for approval to register its existing shares. That approval has now been granted.
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