Business Day

Gijima shareholde­rs to back rights offer


Gijima said yesterday that shareholde­rs holding 70% of the company’s ordinary shares had committed to vote in favour of proposed resolution­s at a general meeting, that included plans for a renounceab­le rights offer to raise R150m. The general meeting of shareholde­rs will be held on May 9 in Centurion. A circular with informatio­n on the rights offer and the proposed resolution­s was posted to Gijima shareholde­rs yesterday.

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