News Formal

Sasfin kills its banking operation - A tale of how fraud can destroy a business

  • 📰 TheStar_news
  • ⏱ Reading Time:
  • 12 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 59%

Jse أخبار

Sasfin noted that it had a R58 million headline loss in its year ending June.

The company’s headline earnings per share plummeted 190% to a loss per share of 152.15 cents for the year to June 30.

The company also said that it plans to de-list from the Johannesburg Stock Exchange by the end of 2024. “Sasfin, its board and management deeply regret that this fraudulent activity took place in our organisation,” it said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 26. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Sasfin apologises for ‘criminal activity’ in its former forex businessThe fraudulent actions resulted in a R160m fine from the SA Reserve Bank.
مصدر: TheCitizen_News - 🏆 6. / 75 اقرأ أكثر »