TFG holds on to dividend and considers almost R4bn rights offer
The retailer says it wants to be prepared for the risks posed by Covid-19, as well as opportunities
18 June 2020 - 10:28
Clothing group TFG has held on to its final dividend and is considering an almost R4bn rights offer as it prepares for economic uncertainty in the wake of the Covid-19 pandemic.
The fashion group reported a strong operational performance in its 11 months to end-February, but sales fell off sharply in March, with the group saying it wanted to prepare for both economic uncertainty amid the pandemic and opportunity...
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