Trustco wins shareholder approval for $25 million stake in Legal Shield Holdings
The deal, which marks a major move for Trustco, will proceed as planned, with all conditions either met or waived.
Namibia
Namibian tycoon Quinton van Rooyen’s Trustco converts $238-million debt to equity
The financial maneuver follows Trustco’s announcement of a new loan agreement that obviates the necessity for a previously issued cautionary statement.
Firm linked to Namibian tycoon Quinton van Rooyen confirms $763-million diamond resource
This revelation follows Trustco’s divestiture of a 70-percent stake in the Meya Mining diamond mine to Sterling Global Trading last year, retaining a 19.5-percent interest.
Namibian tycoon Quinton van Rooyen’s Trustco enters $100-million partnership with RVF
The partnership aligns with Trustco’s active pursuit of new capital sources, particularly in the wake of the decline in its market capitalization in recent years.
Namibian tycoon Sven Thieme’s O&L invests in Germany’s largest floating Solar Park
The endeavor aligns with O&L’s commitment to fostering sustainable solutions and contributing positively to societal and ecological welfare.
Namibian businessman Sven Thieme guides O&L in acquisition of Dimension Data Namibia
The ambitious acquisition, pending regulatory approvals, represents a milestone for O&L Group, already riding high on Thieme’s success in leading the sale of a 50.01-percent stake in NBL Investment Holdings.
Namibian businessman Quinton van Rooyen rakes in $10.6 million within 2 weeks
Van Rooyen, holding an impressive 63.94-percent stake in Trustco with 1,004,000,060 shares, stands out as one of Namibia’s wealthiest individuals.
Namibian tycoon Quinton van Rooyen’s Trustco seals $50-million deal with U.S. fund RVF
Trustco detailed its plan to issue new shares to RVF through an option, solidifying RVF’s position as a key anchor investor with a cash injection of up to $50 million.
Namibian tycoon Koos Brandt made $20 million in 2023 from Capricorn shares
Brandt, who stepped down as chairman of Capricorn in 2017, owns an 18.5-percent stake in the Windhoek-based investment firm.
7 companies linked to Namibian businessman Koos Brandt
With an $87.2-million stake in Capricorn Group, Brandt’s astute investments make him the richest investor on the Namibia Stock Exchange.
Namibian businessman Koos Brandt rakes in $2.33 million from Capricorn shares
Brandt, a leading Namibian mogul, who stepped down as the chairman of Capricorn Group and Bank Windhoek in 2017, is also the largest individual shareholder in the group.
Namibian businessman Quinton van Rooyen suffers $21.4-million loss in 34 days
Van Rooyen’s stake in Trustco has declined by $21.37 million since Nov. 14.
Namibian tycoon Quinton van Rooyen loses nearly $10 million in just nine days
Quinton van Rooyen, who owns a 63.94 percent stake in Trustco Group, is regarded as one of Namibia’s wealthiest individuals.
Namibian oil discovery boosts South African tycoon’s fortune
Copelyn is the largest shareholder in Hosken Consolidated Investments, which owns 49.9-percent of Impact Oil & Gas.
Namibian mogul Koos Brandt rakes in $7 million from Capricorn Group
Brandt is the largest individual shareholder in Capricorn Group, with an 18.52-percent stake.