Meikles Limited – Notice to shareholders

Meikles Limited – Notice to shareholders
Published: 16 January 2012 (1475 Views)
Meikles published a notice saying the company has been notified by the Moxon Group that they have exchanged their combined shareholding in Meikles into one entity Gondor Capital, a non resident entity.

Gondor's shareholding is 100% held by the Moxon group which means there is no change in the underlying beneficial ownership of their shareholding in Meikles.

The transaction also has no effect on the company's indigenisation status.

This transfer consolidates the Moxon Group's investment into one investment vehicle, the position that pertained prior to the 2007 merger.

The Moxon Group also says in a statement the transaction will, in short to medium term, mobilise upward of $200 million for capital investments into Meikles.

The RBZ has sanctioned the transaction and the ZSE has been advised as appropriate.

- Meikles

Tags: Meikles,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Man loses 'Toyota Raum' to robbers

by Simbarashe Sithole | 21 September 2018 | 176 Views

International media stampede to interview Mnangagwa

by Staff Reporter | 21 September 2018 | 224 Views

Brutalising vendors must stop

by Jacob Mafume, MDC National Spokesperson | 21 September 2018 | 174 Views

I doubt if Dabengwa really endorsed Mnangagwa - Mthwakazi activist

by Stephen Jakes | 21 September 2018 | 183 Views

Marc Cayeux gives everyone hope after top ten finish in Cape Town

by Agencies | 21 September 2018 | 109 Views

President Mnangagwa debuts at UNGA

by Bevan Musoko | 21 September 2018 | 162 Views

BREAKING: Harare - Johannesburg Intercape bus in accident, 10 people dead

by Staff reporter | 21 September 2018 | 321 Views

Stop unnecessary traveling to cholera affected areas - MIHR

by Stephen Jakes | 21 September 2018 | 124 Views

We need Mthwakazi restoration soon

by Stephen Jakes | 21 September 2018 | 121 Views

Rural development agenda should be on the priority list

by Stephen Jakes | 21 September 2018 | 119 Views

IMF offers to help Zimbabwe clear arrears

by Staff reporter | 21 September 2018 | 237 Views

Mugabe's party rejoins Mnangagwa's Zanu-PF

by Staff reporter | 21 September 2018 | 239 Views

Streak seeks ZC liquidation

by Staff reporter | 21 September 2018 | 145 Views

'Chamisa must not waste time fighting Mnangagwa'

by Staff reporter | 21 September 2018 | 251 Views

Chipanga appeal thrown out

by Staff reporter | 21 September 2018 | 180 Views

New minister cracks the whip

by Staff reporter | 21 September 2018 | 184 Views

Deal decisively with Parly delinquents

by Zvamaida Murwira | 21 September 2018 | 148 Views

Mthuli Ncube faces tough choices

by Lovemore Chikova | 21 September 2018 | 172 Views

Currency reform answer to Zimbabwe's economic woes

by Bongani Ngwenya | 21 September 2018 | 154 Views

Dabengwa ditches Chamisa, endorses Mnangagwa?

by Staff reporter | 21 September 2018 | 161 Views

Sibusiso Moyo alive & well

by Staff reporter | 21 September 2018 | 144 Views

'Mugabe University not a priority'

by Staff reporter | 21 September 2018 | 136 Views

Chamisa battles open rebellion

by Staff reporter | 21 September 2018 | 164 Views

Prophet up for pregnant woman rape

by Staff reporter | 21 September 2018 | 102 Views

Bulawayo pins hopes on devolution

by Staff reporter | 21 September 2018 | 93 Views

Nust shut down

by Staff reporter | 21 September 2018 | 149 Views

Zimbabweans want US or Zim dollar only, not SA Rand

by Staff reporter | 21 September 2018 | 147 Views

Chamisa's MDC Alliance starts merging into single party

by Staff reporter | 21 September 2018 | 96 Views

Vic Falls man hangs self after bar brawl

by Staff reporter | 21 September 2018 | 84 Views

Cholera hits Beitbridge

by Staff reporter | 21 September 2018 | 82 Views

Cop up for assault

by Staff reporter | 21 September 2018 | 53 Views

Gumbura hires Madhuku to challenge delayed trial

by Staff reporter | 21 September 2018 | 67 Views

Devolution will develop provinces with natural resources

by Staff reporter | 21 September 2018 | 56 Views

Family evicted, dumped in the bush

by Staff reporter | 21 September 2018 | 50 Views

Soul Brothers coming to Bulawayo

by Staff reporter | 21 September 2018 | 108 Views

Zimbabwean scientist wins Cambridge scholarship

by Staff reporter | 21 September 2018 | 55 Views

MDC Alliance activist jailed over arson threats

by Staff reporter | 21 September 2018 | 42 Views