HARARE – Chemco Holdings Limited (Chemco) shareholders have approved the group’s plans to convert a debt owed to TSL Limited (TSL) into equity. Approximately 93,23 percent of Chemco’s minority shareholders accepted the share-swap deal. Accordingly, TSL will compulsorily acquire remaining Chemco minority shares in terms of section 194 of the Companies Act. Consequently, TSL owed…
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