Trustco proposes significant share buyback with the intention to scrap these shares

In a somewhat controversial move, Trustco Group Holdings intends to buy back roughly 13% of its total shares in issue from a single shareholder, and then, wait for it, CANCEL THESE SHARES, to increase net asset value for all other shareholders, including the founding Van Rooyen family. In a stock exchange news service (SENS) item, […]

Otedola buys N18.9bn shares to regain position as biggest shareholder in FBN Holdings

nigerianeye.com - 21/Jun 11:01

Otedola Regains Position As FBN Biggest Shareholder After Acquiring N18.9bn Shares

koko.ng - 21/Jun 20:40

Nigerian billionaire, Femi Otedola has reclaimed his position as the majority shareholder of First Bank. Recall that he’s currently the chairman of...

Femi Otedola Expands Stake in FBN Holdings, Becomes Largest Shareholder

freebiesloaded.co - 25/Jun 01:35

Billionaire businessman Femi Otedola has increased his ownership in FBN Holdings with an additional acquisition of 2.22% shares, as revealed in a...

Middlefield Announces Intention to Merge Middlefield Global Real Asset Fund Into Real Estate Split Corp.

reitreport.ca - 25/Jun 21:35

TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — Middlefield Limited (the “Manager”), the manager of Middlefield Global Real Asset Fund (“Real...

Trustco loses appeal in financial compliance case

observer24.com.na - 19/Jun 18:55

The Supreme Court of Appeal of South Africa has dismissed an appeal by Trustco Group Holdings Limited.

MRS Oil to delist from Nigerian Exchange, plans share buyback

stocksng.com - 27/Jun 05:05

VS rewards shareholders with proposed 1-for-10 bonus issue of warrants

thestar.com.my - 24/Jun 12:09

KUALA LUMPUR: V.S. Industry Bhd has proposed to undertake a bonus issue of up 395.7 million free new warrants in VS based on one warrant for 10...

Meikles warns of potential share impact amid asset disposal talks

nehandaradio.com - 25/Jun 15:48

Meikles Limited, a leading Zimbabwean conglomerate with interests in retail and hospitality, has issued a cautionary statement to its shareholders...

Femi Otedola Increases Stake in FBN Holdings with N12.01 Billion Share Purchase

naija247news.com - 20/Jun 19:47

Femi Otedola has expanded his investment in FBN Holdings by purchasing an additional 546,674,034 units of shares valued at N12.01 billion. According...

Opposition files motion to cancel govt's sale of MAHB shares to GIP

nst.com.my - 21/Jun 17:08

PUTRAJAYA: An opposition member of parliament has submitted a motion requesting the government to retract the decision to sell part of Malaysia...

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