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Microcap Luxe has been suspended from the JSE after failing to release its annual financial statements for the year to end-February in time, and becomes one of three firms, all majority-owned by SA hedge fund manager Sean Riskowitz, facing regulatory scrutiny.

According to JSE rules, the owner of Arthur Kaplan Jewellers and NWJ had to release financial statements by the end of June. The JSE warned recently that if it did not do so by the end of July, it would be suspended...

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