Home | About | Link        Procurement Jobs | BEE News  

Join for free

Useful Links


« A for Absa empowerment | Main | Vantage Risk Capital leads the pack with a R1 billion fund »

November 21, 2007

Wescoal sells stake to black investors

The sale of shares and issue of new shares in Wescoal to its new BEE investors will result in a BEE shareholding of 32.5 percent.

The coal trader said in a statement to the JSE yesterday that its main shareholders, including its directors, had agreed to sell 33- million shares to Waterberg Portion Property Investments for R35.5-million.

Read More

Posted by StaffWriter at November 21, 2007 7:06 AM