They'll wish they were!!!
From the Genereal Meeting
* New BEE group have a massive balance sheet.
* They receive substantial dividends from other companies.
* One of the few Community Development Trust BEE groups that serves the true role of the BEE legislation to benefit local/community groups
No name as yet but the annmnt will do the rest of the talking for this deal and what they are prepared to stump up in terms of backing the company going forward no doubt.
Whatever the case Imo its as game changing as the Mashala buy out will be and possibly even moreso given how well one will need to be politically connected in the future in Sth Afr.
d.
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