Sekoko will be a shareholder in the company - OK the major shareholder but a shareholder along with everyone else.
The general objective of a shareholder is to earn a return from investment - not continue to provide funds. It appears that enough funding will be in place and no further dilution required.
Sekoko have provided the resource. The other shareholders have provided the cash. The business is planned to be operational by Dec 2009. The custodians of our capital (the Directors and employees) appear to be doing what is required.
The resolutions will get my vote at the AGM.
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im out, page-27
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024
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