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African Sun to delist?

HARARE – Hospitality concern African Sun Limited (ASL) may delist from the Zimbabwe Stock Exchange (ZSE) after private equity group Brainworks Capital (Brainworks) increased its shareholding beyond the bourse’s prescribed threshold. Last month, Brainworks — through its subsidiary Lengrah Investments — increased its shareholding in ASL from 32 percent to 45 percent following a special…

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