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Trustco Receives NAD1.4 Billion Capitalization Offer From Founder Shareholders
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Trustco Receives NAD1.4 Billion Capitalization Offer From Founder Shareholders

Trustco Group Holdings has announced a transformative step in its thirty-one-year journey. Its founding shareholders, Dr. Quinton van Rooyen and Next Capital (Pty) Ltd, the investment vehicle of the Van Rooyen family (“Next”), have offered to convert a N$1.4 billion loan into ordinary Trustco shares. The offer entails that Next will have an option to...