The Supreme Court of Appeal ruled that Trustco’s litigation had “no reasonable prospect of success.”
Trustco Group
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The financial maneuver follows Trustco’s announcement of a new loan agreement that obviates the necessity for a previously issued cautionary statement.
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This revelation follows Trustco’s divestiture of a 70-percent stake in the Meya Mining diamond mine to Sterling Global Trading last year, retaining …
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Trustco is primarily owned and managed by the Namibian van Rooyen family, which holds a substantial 63.94-percent ownership stake, or 1,004,000,060 ordinary …
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Quinton van Rooyen, who owns a 63.94 percent stake in Trustco Group, is regarded as one of Namibia’s wealthiest individuals.
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Van Rooyen, who owns a 63.94-percent stake in Trustco Group Holdings, ranks as one of Namibia’s wealthiest men.
- Southern Africa
Namibian tycoon Quinton van Rooyen’s Trustco commences $5.3-million share buyback plan
Van Rooyen owns a 63.94-percent stake in Trustco Group.
- Southern Africa
Namibian tycoon Quinton van Rooyen plans to convert $73-million loan into Trustco shares
Van Rooyen, through Next Capital, has proposed a financial maneuver to bolster Trustco Group’s financial stability.
- Southern Africa
Namibian tycoon Quinton van Rooyen’s group launches $5.3-million share buyback plan
Van Rooyen owns a 63.94-percent stake in the company. This stake, which amounts to a total of 1,004,000,060 ordinary shares in the …
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Van Rooyen, who owns an impressive 63.94-percent stake in Trustco Group Holdings, ranks as one of Namibia’s richest men.