Meikles Limited – Notice to shareholders

Meikles Limited – Notice to shareholders
Published: 16 January 2012 (1310 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

'Mudzingwa, Munawa not spent forces'

by Staff reporter | 21 January 2018 | 90 Views

'Bond notes removal will stabilise prices'

by Staff reporter | 21 January 2018 | 192 Views

Ex-cop jailed for impersonation

by Staff reporter | 21 January 2018 | 118 Views

Female fraudster poses as Zimra official

by Staff reporter | 21 January 2018 | 118 Views

Mohadi speaks reconciliation

by Staff reporter | 21 January 2018 | 102 Views

Bulawayo residents threaten to sue town clerk

by Staff reporter | 21 January 2018 | 75 Views

Bosso Electoral Committee begins verification of nominees

by Staff reporter | 21 January 2018 | 57 Views

Mnangagwa fails to 'coup' cash crisis

by staff reporter | 21 January 2018 | 71 Views

Mnangagwa plans economic revival

by Bloomberg | 21 January 2018 | 65 Views

'Postponement of polls out of the question'

by Staff reporter | 21 January 2018 | 45 Views

Mnangagwa embarks on a charm offensive

by Staff reporter | 21 January 2018 | 82 Views

Who should be afraid of elections MDC-T or Zanu-PF?

by Bishop | 21 January 2018 | 91 Views

Majaivana unlikely to visit Zimbabwe anytime soon

by Staff reporter | 21 January 2018 | 73 Views

'Fake prophecies' haunts Makandiwa

by Staff reporter | 21 January 2018 | 111 Views

Mnangagwa takes Zimbabwe economic gospel to Davos

by Staff reporter | 21 January 2018 | 65 Views

Mnangagwa runs the rule on Cabinet

by Staff reporter | 21 January 2018 | 72 Views

Grace Mugabe's fancy vehicles in freak accident?

by Staff reporter | 21 January 2018 | 116 Views

MPs to get cars for free

by Staff reporter | 21 January 2018 | 69 Views

Tsvangirai captured?

by Staff reporter | 21 January 2018 | 95 Views

Thomas Mapfumo heads to Zimbabwe

by Staff reporter | 21 January 2018 | 87 Views

Vendors prepared to fight the soldiers

by Staff reporter | 21 January 2018 | 111 Views

Mnangagwa, Chiwenga rift exposed

by Staff reporter | 21 January 2018 | 175 Views

Mnangagwa takes Zim pitch to the world

by Staff Reporter | 21 January 2018 | 67 Views

Is Jah Prayzah strangling his own baby?

by Staff Reporter | 21 January 2018 | 133 Views

SA construction firm eyes Matabeleland venture

by Staff Reporter | 21 January 2018 | 56 Views

Mnangagwa sticks to his word, urges diaspora to register to vote

by Staff Reporter | 21 January 2018 | 86 Views

Sex worker on the run after stabbing a client

by Simbarashe Sithole | 21 January 2018 | 88 Views

Zanu PF strongholds have already rigged elections - analyst

by Stephen Jakes | 21 January 2018 | 53 Views

G40 will rally for Mujuru during elections - philosopher

by Stephen Jakes | 21 January 2018 | 91 Views

Setting the record straight on the political future of Mthwakazi

by staff Reporter | 21 January 2018 | 47 Views

ZimRights scales up BVR mobilisation

by Stephen Jakes | 21 January 2018 | 43 Views

Mnangagwa's final letter to Mugabe

by Staff Reporter | 21 January 2018 | 101 Views

Chiyangwa's fight for life

by Stephen Jakes | 21 January 2018 | 129 Views

Mnangagwa faces internal revolt over polls

by Staff Reporter | 21 January 2018 | 72 Views

Vendors give govt 48-hour ultimatum to create jobs

by Staff Reporter | 21 January 2018 | 82 Views