Colliers SA proposes name change

Posted On Tuesday, 10 January 2012 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

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

Most Popular

Kommetjie master plan development on the cards

Jul 11, 2020
A new mixed use development is being planned near the landmark Imhoff Farm in Kommetjie,…

Redefine Properties appoints Diane Radley to board of directors

Jul 21, 2020
JSE-listed diversified Real Estate Investment Trust Redefine Properties (JSE: RDF) has…

Will the repo rate hold or fall? Experts divided

Jul 13, 2020
South African Reserve Bank
Experts are divided on whether the South Africa Reserve Bank (SARB) Monetary Policy…

Commercial Rental Market Survey sees declining market activity and rising vacancy rates in Q2 2020

Jul 10, 2020
In this report, we discuss the 2nd quarter 2020 results of the rental market component of…

Lower house prices in the Western Cape behind renewed interest from first-home-buyers

Jul 16, 2020
Carl Coetzee CEO of BetterBond
Property in the Western Cape is regarded by many as among the most expensive in the…

Please publish modules in offcanvas position.