Greenbay Properties grows capital to ZAR4.5 billion

Marius Muller

Greenbay Properties said it has increased its capital base to 4.5 billion through a share placement on the Johannesburg Stock Exchange, JSE.

The capital raising was done through the sales of 2.2 billion units of shares at ZAR1.97 per share and sales of 86.7 million shares at EUR0.126.

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