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AfrAsia Kingdom Zimbabwe Limited – Notice to shareholders

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AfrAsia Kingdom advises that it is embarking on an exercise to raise more capital in line with RBZ regulatory requirements. It is likely that the process will incorporate a rights issue to existing shareholders and an offer of shares to new investors. The major shareholder, AfrAsia Holdings Limited have committed to following their rights in any capital raising and discussions with potential new investors are in advanced stages.

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