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PROVEN Group Limited (PGL) for the six months ended September reported reduced net profits of US$1.6 million when compared to the US$7.3 million it earned during the same period of last year.
PROVEN Group Limited will be acquiring the remaining 25 per cent stake in Boslil Bank Limited from former Chief Executive Officer (CEO) Ryan Devaux in a US$10.21-million ($1.58-billion) deal.