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October 12, 2009

Tiger non-execs thwarted

The Public Investment Corporation (PIC) voted against the Mapitso consortium's participation in Tiger Brands' (JSE:TBS) BEE scheme "because it could have compromised the independence of non-executive directors of Tiger".



That was the word from Brian Molefe, CEO of the PIC, on Monday.

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Posted by StaffWriter at October 12, 2009 10:02 AM