Investment company to take part in a rights offer by its unit Community Investment Ventures Holdings
19 July 2021 – 18:03 Lisa SteynUPDATED 19 July 2021 – 23:22
Remgro, the investment company chaired and controlled by Johann Rupert, has poured another R3.7bn into a telecommunications infrastructure company in a bid to take advantage of soaring demand for fibre.
Remgro on Monday said it had followed all of its rights to buy shares in Community Investment Ventures Holdings (CIVH), a telecommunications company that counts Vumatel and Dark Fibre Africa among its largest operating subsidiaries…
