Chronicle Editor
Business Reporter
ZIMBABWE Stock Exchange-listed entity BridgeFort Capital Limited (BFCA) once again plans to change its business model and subsequently list on the Victoria Falls Stock Exchange.
In a cautionary statement to Class A Preferred Shareholders, BFCA said it is in the process of concluding transaction agreements for the acquisition of certain predominantly South African-based businesses from Diaspora Kapita Proprietary Limited. According to BFCA the “envisaged transaction involves the Class A preferred shares and is likely to also include the disposal of the company’s interest in the current underlying asset, being MedTech. — BH24
Bongani Ndlovu
Online Reporter