Mayberry increases stake in Dolla to more than 25%

After more than two years following an initial 0.8 per cent acquisition in Dolla Financial Services Limited by Mayberry Group Limited (MGL), MGL’s collective interest has jumped to 25.7 per cent as it continues to increase its interest in the fast-growing microcredit company. Widebase Limited, a wholly owned subsidiary of Mayberry Group, bought 100 million shares or four per cent of Dolla at $2.38 for a consideration of $238 million on July 19 from FirstRock Global Holdings Limited, trading as ...