JSE-listed electronics group Jasco has announced it is moving ahead with a rights offer as it seeks to raise capital to “stabilise” its balance sheet.
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Jasco Electronics, Huge Group and Blue Label Telecoms top the list of best-performing technology shares on the JSE in 2016, TechCentral’s annual analysis of share price performances shows. Jasco, led
JSE-listed Jasco Electronics has acquired Arc Telecoms, a telecommunications company founded by former iBurst executives. As part of the deal, Arc CEO Steve Briggs will step down as head of the company. Jasco says the acquisition — the value of which has not been disclosed — will “bolster” the company’s