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Capital market operators (CMOs), who missed the September 30, 2015 deadline for recapitalisation are now intensifying efforts to meet the new December 31, 2016 date given by the Securities Exchange Commission (SEC). THISDAY checks revealed that the CMOs are wooing investors for fresh capital injection or considering merger options. SEC had on December 19, 2013, issued a new […]
Recapitalisation: Operators consider capital injection, merger to meet deadline
Source: Business