Taste Holdings receives formal approval for R132m rights offer

30th January 2019

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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Taste Holdings has received formal approval for the rights offer circular from the Issuer Regulation Division of the JSE.

Taste in December announced its intention to raise R132-million from its shareholders by way of a fully underwritten renounceable rights offer of 1.32-million shares.

The company earlier this month reported that the necessary resolutions to implement the rights offer had been passed.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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