Sefalana seeks P351m for expansion drive

Tuesday, October 18, 2016

Sefalana Holding Company is targeting to raise P351 million through a rights issue to fund its planned expansions in Botswana and Namibia.

Recently, the company expressed its intention to grow its Fast Moving Consumer Goods (FMCG) businesses in both Botswana and Namibia.

In a press announcement to shareholders last week, finance director, Mohamed Osman said the company is raising approximately P351m net of expenses, by way of a rights issue of 27,858,523 offer shares.

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Sefalana seeks P351m for expansion drive

Sefalana Holding Company is targeting to raise P351 million through a rights issue to fund its planned expansions in Botswana and Namibia.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply