Court keeps Riskowitz-linked Trustco shares frozen

Source: The Namibian · 2026-11-09T13:16:28.000Z · World

The High Court has extended an order freezing 200 million Trustco Group Holdings shares linked to United States-based Riskowitz Value Fund LP until 20 November, as a dispute over a N$468-million transaction continues. Trustco informed the Namibian Securities Exchange (NSX) on Friday that the extension was granted on 5 November following a request by Riskowitz and an agreement between the two parties. The court also confirmed that Riskowitz has agreed to have the dispute heard in Namibia. The order states that Riskowitz “has unconditionally and irrevocably submitted to the jurisdiction of this court”. The freeze, which was first ordered on

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