On Tuesday, shareholders agreed — despite staunch opposition from some — to approve a R4bn rights issue that will probably see the opaque Zimbabwean company Magister emerge as its largest shareholder...
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ROB ROSE: Behind Tongaat’s stormy voteAbout 20% of the sugar firm’s beleaguered shareholders voted against a R4bn capital raising plan that will bring in controversial new Zimbabwean-based investor Magister, writes robrose_za.
Source: FinancialMail - 🏆 20. / 63 Read more »
ROB ROSE: Behind Tongaat’s stormy voteAbout 20% of the sugar firm’s beleaguered shareholders voted against a R4bn capital raising plan that will bring in controversial new Zimbabwean-based investor Magister, writes robrose_za.
Source: FinancialMail - 🏆 20. / 63 Read more »
ROB ROSE: Behind Tongaat’s stormy voteAbout 20% of the sugar firm’s beleaguered shareholders voted against a R4bn capital raising plan that will bring in controversial new Zimbabwean-based investor Magister, writes robrose_za.
Source: FinancialMail - 🏆 20. / 63 Read more »