GFH announced on the BSE today that its Board had decided to recommend that shareholders approve a n up to US$300 million increase in capital. The Board has delegated executive management to take the necessary steps. A shareholders meeting will be called in the near future as soon as the required regulatory approvals are received.
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2 comments:
If they get it, a case (classic) of good money after bad....
LC2
Wouldn't that depend on whose money it was?
Or is your comment focused on financial rather than moral issues?
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