#Latest news with #MantenguIOL News23-05-2025BusinessIOL NewsFSCA clears share price manipulation claims made by Mantengu MiningThe FSCA said that its investigation into the alleged prohibited trading practices in the shares of Mantengu Mining uncovered no evidence to support the allegations of price manipulation. The Financial Sector Conduct Authority (FSCA) said Friday it will not be taking any action regarding the alleged share price manipulation of JSE-listed Mantengu Mining. The FSCA stated that its investigation into the alleged prohibited trading practices uncovered no evidence to support the allegations of price manipulation. On February 19, 2024, Mantengu reported to the JSE and the FSCA that a certain group of individuals were involved in the manipulation of the company's share price. Mantengu further claimed that the FSCA had found a prima facie case warranting further investigation.
IOL News23-05-2025BusinessIOL NewsFSCA clears share price manipulation claims made by Mantengu MiningThe FSCA said that its investigation into the alleged prohibited trading practices in the shares of Mantengu Mining uncovered no evidence to support the allegations of price manipulation. The Financial Sector Conduct Authority (FSCA) said Friday it will not be taking any action regarding the alleged share price manipulation of JSE-listed Mantengu Mining. The FSCA stated that its investigation into the alleged prohibited trading practices uncovered no evidence to support the allegations of price manipulation. On February 19, 2024, Mantengu reported to the JSE and the FSCA that a certain group of individuals were involved in the manipulation of the company's share price. Mantengu further claimed that the FSCA had found a prima facie case warranting further investigation.