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HF Group Plc has announced the oversubscription of its Rights Issue, achieving a 138.32% subscription rate. The listed local financial solutions provider raised 6.38 billion shillings against a target of 4.6 billion shillings, marking a major milestone in its journey toward becoming a fully diversified financial institution. CEO Robert Kibaara noted that 85% of the funds will fuel business growth, while 15% will enhance technology and digitization.
HF Group has announced the oversubscription of its Rights Issue
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