East African Cables seeks to raise additional capital

Friday 18 October 2019 | 08:41 CET | News
The group and company are also exploring ways of optimising its capital structure which could involve raising additional equity to recapitalise the business,  the company said. The proposed additional funding could be provided by existing shareholders through a rights issue or the company could invite a new strategic investor.

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Categories: Fixed
Companies: EA Cables
Countries: Kenya
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