Insurance
Club Life looking for more capital to grow
Thursday 31st of July 2003
However, it is true that the shareholding in the company may change in the near future.Essentially the company has grown so quickly that it requires more capital to meet its regulatory or solvency requirements.
In the past cornerstone shareholder Hellaby Group, staff and advisers have provided chunks of capital.
Hellaby has put in about $10 million through equity and sub-ordinated debt i...
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