Settlement of ZAR140 million from SIOC-cdt
In November 2011 Subscription and Shareholder Agreements were executed with the Company under which SIOC-cdt has become Continental's new partner in South Africa and where the ZAR 140m settlement of the transaction is scheduled to occur by no later 13 March 2012100% acquistion of Mashala
"Moves to Acquire 100% of Mashala Resources (Pty) Limited
During the reporting period documentation for the acquisition by CCL of the outstanding minority interests in Mashala Resources was completed and settlement is scheduled to take place in the March 2012.
As at 31 December 2011, CCL held a 83% interest in Mashala Resources and its subsidiaries."
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