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Home » PPC seeks bailout for subsidiaries
Companies & Markets

PPC seeks bailout for subsidiaries

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PRETORIA Portland Cement Limited (PPC) is seeking shareholder approval to extend financial assistance to its subsidiaries, a move which the directors believe will benefit the group. Shareholders of the cement and related products supplier will vote on a special resolution to authorise financial assistance to related parties, among other resolutions at the company’s 126th annual…

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