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Topic: ok zimbabwe limited

OK mulls more property sales as working capital dries up

“The group has additional owned properties worth US$17,2 million, and these may be disposed of to fund working capital requirements, should it be necessary, and subject to board approval.” ...
Business
By Tatira Zwinoira 1 day ago
OK mulls more property sales as working capital dries up
OK Zimbabwe turns to supplier-finance schemes to maintain stock levels
OK Zimbabwe turns to supplier-finance schemes to maintain stock levels
Business Digest
By Tatira Zwinoira 10 days ago
OK closes 11 stores to curb losses
OK closes 11 stores to curb losses
Business
By Tatira Zwinoira 26 days ago
Zimra slaps OK with US$2m penalty amid financial woes
Zimra slaps OK with US$2m penalty amid financial woes
Business Digest
By Tatira Zwinoira 2 months ago
OK engages buyers for its properties, amid technical insolvency
In August, OK successfully raised US$20 million through a renounceable rights offer, which was fully subscribed following strong shareholder participation and underwriting support....
Business
By Tatira Zwinoira 2 months ago
OK engages buyers for its properties, amid technical insolvency
Lifeline as OK raises US$20m from shareholders
Underwriters subscribed to the remaining 424 005 893 shares valued at US$4,61 million, fulfilling the terms of the underwriting agreement....
Business
By Tatira Zwinoira 4 months ago
Lifeline as OK raises US$20m from shareholders
Premium
OK chairman to exit in restructuring move
The Zimbabwe Stock Exchange listed firm has been struggling to settle debts estimated at over US$30 million....
Business
By Tatira Zwinoira 5 months ago
OK chairman to exit in restructuring move
OK to sell properties in capital raise
The proposal means OK will continue operating in some of the locations, without owning the underlying real estate....
Business
By Tatira Zwinoira 5 months ago
OK to sell properties in capital raise
Premium
Battered OK battles US$12m blackhole
This gap underscores the strain on the company’s ability to meet short-term obligations while sustaining operations....
Local News
By Mthandazo Nyoni 9 months ago
Battered OK battles US$12m blackhole
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