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Home » Border Timbers secures US$2,9m standby facility
Companies & Markets

Border Timbers secures US$2,9m standby facility

written by Almot Maqolo, Staff Writer 0 comments
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BORDER Timbers says it has secured a US$2,9 million funding facility from local financiers, which it may opt to use to recapitalise its operations. Since leaving judicial management in March 2022, the company’s board has made a decision to implement a recapitalisation strategy to improve operations. “The company has invested in new sawmills at both…

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