Solal owner reconstitutes its board
Since its listing in 2013, Ascendis’ share price has seen a significant drop of more than 93%.
Source: news24.com
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Solal owner inks deal with new lender, avoids immediate payment of R550 million loan
Ascendis cut down its whopping debt that stood at R6.7 billion in 2021 by selling some of its assets, bringing it down to R582 million by December.
Source: news24.com
Dissenting shareholders make Ascendis' board, company warns it could be costly move
Ascendis Health held a special general meeting on Wednesday.
Source: news24.com
Ascendis buffeted by opposing factions with key meeting...
Even as penny stock Ascendis heads towards some sort of resolution after a massive debt crisis forced the company to dispose of its best assets in recent months, shareholders are vying to control the direction in which the company is headed. Even as penny stock Ascendis heads towards some sort...
Source: dailymaverick.co.za