JSE-listed companies Hyprop Investments and Attacq have extended the long-stop date to implement the transaction to dispose of Ikeja Mall to June 30, due to US dollar liquidity constraints in Nigeria.
Hyprop, which owns 75% of Ikeja Mall and Attacq with 25%, first announced their intention to exit Nigeria to rid themselves of debt in 2020...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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