The sale comes amid NCBFG’s plans for an additional public offering (APO) aimed at issuing between 300–450 million new shares to raise …
NCB Financial Group
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Lee-Chin’s strategic sale of NCB shares worth over $1.54 billion, while maintaining his pivotal role as the majority shareholder.
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NCB is majority-owned by Jamaican-Canadian billionaire Michael Lee-Chin, a top figure among the world’s Black billionaires.