US EditionTanganda mulls rights offer to plug funding gap
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Tanganda mulls rights offer to plug funding gap
Source: Tanganda mulls rights offer to plug funding gap – herald Nqobile Bhebhe Zimpapers Business Hub Tanganda Tea Company says it emerged from the Covid-19 pandemic period with a significant cash flow deficit, which got worse due to a combination of global and domestic headwinds, prompting directors to propose raising US$8 million through a Rights Offer. Zimbabwe’s largest producer, packer and distributor of tea, which also dominates coffee an…
Tanganda moves to raise US$8 million – DailyNews
TANGANDA Tea Company is seeking shareholder approval to raise US$8 million through a rights offer, with the fresh capital earmarked to support... To access this content, please purchase a subscription by clicking the button below and select a package of your choice! Subscriptions
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