Mustek BEE deal

August 11, 2008

Mustek still negotiating new equity transaction

Technology group Mustek has renewed its cautionary for the third time by informing shareholders on Friday that it was still in talks with a potential black empowerment partner to buy a stake in the group.

Mustek proposed last year to buy back the shares held by empowerment firm Puno in Mustek subsidiary Brotek, to make way for a new empowerment partner at a holding level.

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