Vukile Property Fund fulfills Empowerment Transaction conditions

Posted On Friday, 02 August 2013 13:31 Published by eProp Commercial Property News
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Vukile Property Fund fulfills Empowerment Transaction conditions and appoints executive director

Sedise Moseneke

Unitholders are referred to the previous announcements released on SENS and the circular issued by Vukile on 5 June 2013 regarding Vukile's empowerment transformation transaction ("the transaction") with the Encha Property Group of Companies.

Unitholders are advised that all outstanding suspensive conditions to the transaction have now been fulfilled or, where appropriate, waived and that the transaction will be implemented with effect from 1 August 2013.

Unitholders are further advised that the appointment of Dr Sedise Moseneke as an executive director of the company became effective on 1 August 2013.

Last modified on Thursday, 17 April 2014 12:37

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