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« on: May 29, 2015, 09:33:14 am »
Bloomberg and Reuters
African Bank Investments Limited (Abil), which collapsed in August, said that instead of trying to arrange an initial public offering next year, a share sale may be years away.
“The curator anticipates that the new entity will require several years of trading in order to build up a track record which will be acceptable to potential investors before it can be listed” on the JSE, Abil treasurer Gavin Jones, said yesterday