![Groot Glass Seeks to Raise a Pre-funding of N$300 Million in a Private Placement Offering Groot Glass Seeks to Raise a Pre-funding of N$300 Million in a Private Placement Offering](/sites/default/files/styles/6/public/news/2017/Groot-Glass.jpg?itok=f4LPyRZK)
Date: 21 December 2017
Groot Glass has instituted a Private Placement Offering which is consisting of 400 million ordinary shares in order to raise over N$300 million to cover its pre-funding consulting costs for its business plan and financial modeling.
Groot Glass is securing US$750 million for its civil work and construction activities for its two glass manufacturing factories in Tses.
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