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SENS

The Mpumalanga Gambling Board would not oppose a high court application by Hosken Consolidated Investments (HCI) for the provincial board to be interdicted from requiring HCI to dispose of its stake in Fabvest, HCI said yesterday. Mpumalanga was the only gambling board to oppose the Fabvest transaction, which gave HCI an indirect 19 percent interest in Tsogo Investment Holdings.

Source: Business Report