AFRICAN Sun (AfSun) says it made a profit of $6,45 billion from its acquisition of a 91,17 percent stake in Dawn Properties (Dawn) earlier this year.
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In its results for the six months to June 30, 2021 released last week, the hotel and leisure group said its operating income for the period was $6,4 billion compared to a loss of $250 million in the prior comparable period, mainly due to a “bargain purchase” of $6,45 billion from the Dawn stake acquisition in J
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