« Wellco in joint BEE venture | Main | Peter Gray on Brett Kebble, death threats, BEE, JCI and RG&E »
January 31, 2006
Sanlam announces BEE shareholder into Vukile
Sanlam Limited today announced the introduction of a 25% Black Economic Empowerment (BEE) shareholder, Vukile BEEShareCo (BEEShareCo) into Vukile Property Fund Limited (Vukile)...
The R 439 million investment by BEEShareCo, a black-owned and controlled entity, is an industry first for a property fund of this size as the transaction results in Vukile immediately achieving its five-year BEE equity target.
If a link does not open, right click on it and select "open in a new window"What do you think about this article? You can air your views in the space provided below.
Posted by bernievn at January 31, 2006 7:22 PM