Property group clinches BEE deal

August 8, 2008
PROPERTY group Multi Spectrum Property (MSP) has concluded an empowerment deal worth R160m with a consortium represented by MSP chairman Pinda Njokweni.
Under the deal, MSP sold 50% of its stake to One Vision Investments, a broad-based black empowerment initiative, with privately owned Scuba Business Trust holding the other stake

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