Ecsponent: Blue Financial 2.0?
Ecsponent’s trusting shareholders may see R2.1bn blown as the firm’s main asset, MyBucks, teeters on the brink
07 May 2020 - 05:00
Is it Blue Financial Services all over again for Ecsponent?
The private equity group, controversially funded by R2.1bn of high-yielding preference share issues, has been pulverised by its decision to back MyBucks, a Frankfurt-listed loans and banking specialist in various African markets...
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