TFS Corporation executive chairman Frank Wilson has bought 4.1 million shares worth $3.3 million as part of a one-for-20 non-renounceable rights issue and shortfall underwriting agreement. This brings his total stake in the sandalwood producer to 45 million shares worth $37.6 million. TFS says it will be debt free once it completes its $37.9 million share placement and rights issue.
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