The Standard | by Peter Theuri
Troubled investment firm TransCentury has been given a lifeline after the capital markets regulator allowed it to release its full year results for 2019 by December 30, 2020.
The Capital Markets Authority (CMA) also extended the release of results for the six months period ended June 30, 2020.
Bugged by cash deficiencies, the firm has been unable to release its financial results. It also delayed an Extraordinary General Meeting (EGM) set for end of July 2020, with more information on fundraising now set to be tabled during the Annual General Meeting (AGM)…
