Colliers SA proposes name change

Posted On Tuesday, 10 January 2012 02:00 Published by eProp Commercial Property News
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Colliers SA Holdings announces a proposed name change to Adrenna Property Group Limited.

Colliers SA Holdings Limited announced on Monday a proposed name change to Adrenna Property Group Limited.

The company advised shareholders of the proposed name change came alongside a proposal to convert existing par value shares to shares of no par value.

The company provided the rationale that the main business of Colliers was that of a property holding company and it was only through its wholly-owned subsidiary, Colliers RMS, that the group provided property-related services including property and facilities management, broking, auctioneering and property development services.

In order to differentiate the group from the pure property-related services associated with the Colliers International brand it had been proposed that the company change its name to the Adrenna Property Group Limited.

A general meeting has been scheduled for Wednesday, 8 February in Bryanston, in order for shareholders to consider the name change and conversion of the share capital to shares of no par value.

Last modified on Saturday, 09 November 2013 10:28

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