Momentum Metropolitan sets up R641m iSabelo black empowerment scheme
16 October 2020 - 07:58
UPDATED 18 October 2020 - 20:09
Financial services group Momentum Metropolitan Holdings (MMH) says it intends to implement a broad-based BEE trust that would hold 3% of its issued share capital, worth about R641m, on Friday.
The Momentum Metropolitan iSabelo Trust is being established to acquire and hold about 44.9-million shares, partly acquired from the open market, and partly through treasury shares...
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