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PIC Inquiry: PIC must liquidate assets to fund subscription for Ayo - Dan Matjila | IOL Business Report

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इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

PICInquiry: A request for liquidity to be created, in order to fund a subscription for AYO, was neither unusual nor irregular, said PIC's chief executive and investment officer, Dr Daniel Matjila.

JOHANNESBURG - A request for liquidity to be created, in order to fund a subscription for Ayo Technology Solutions , was neither unusual nor irregular.

"The PIC must liquidate assets for fund acquisitions. It has no other source of capital from which to fund these acquisitions," Matjila said. But, Matjila used his platform to dispel the notion that he had compelled fellow employees and colleagues to follow his instructions on matters involving AYO, saying the PIC had funded plenty of acquisitions in this manner.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Tsotsi ye e utswitse pensions tsa Rona yong!

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 46. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

PIC Inquiry: Dan Matjila defends investment in AYO | IOL Business ReportDan Matjila defended the asset manager's R4.3 billion investment into Ayo Technology Solutions in 2017, saying the outlay was strategic for the PIC.
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