(www.iafrica.com) Thursday, September 29, 2005 – Following the substantial restructuring of its business and the sale of some operations, listed niche financialservices group Decillion now plans to dispose of its remaining businesses and assets, distribute the proceeds to shareholders and de-list from the JSE, the group said on Thursday.
Decillion has been restructuring its operations over the past year and recently said it would exit from all forms of proprietary trading. However, it had also stated its intention to continue with its equity-based hedge fund management operations in Decillion Fund Management.