The CEO of mining and engineering group Murray & Roberts , Henry Laas, says a capital raise is among the debt-relief options it is considering as the company hunkers down to reduce its R800m debt pile in the coming months.
The news sent the share price plunging to its lowest levels in five months, crashing 24.44% to R1.70 — its biggest fall since October...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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Source: SABreakingNews - 🏆 41. / 51 Read more »