Group Five buys Sky Sands

Posted On Friday, 04 May 2007 02:00 Published by
Rate this item
(0 votes)

Construction IndustryListed construction business Group Five (GRF) has bought Sky Sands for 124 million rand as part of its expansion and growth strategy in the infrastructure sector, it said.

Sky Sands is involved in the supply of plaster and washed sands products to the building material merchants, the building industry and the precast concrete products industry.

Group Five said the purchase amount would be settled through its own resources.

 

Last modified on Wednesday, 16 October 2013 21:09

Most Popular

Rebosis Property Fund retail portfolio delivers excellent operational performance despite a tough market

Nov 11, 2019
Sisa Ngebulana REBOSIS
Rebosis Property Fund, the JSE’s first listed black-managed REIT, today reported its…

Massive property auction on behalf of Telkom

Nov 11, 2019
Agricultural Land Beaufort West
GoIndustry DoveBid SA (GoIndustry) is hosting a massive property auction on behalf of…

African Union for Housing Finance (AUHF) Cape Town declaration provides 5 point plan for african governments to address housing finance shortage

Nov 14, 2019
African Union of Housing Finance
Following the successful completion of their 35th Annual Conference, the members of the…

10 SA REITs are among South Africa’s top listed companies

Nov 15, 2019
Estienne de Klerk SA REIT Chairman
South African REITs (real estate investment trusts) have once again excelled among the…

Balwin Properties Limited marks success of Sub-Saharan Africa’s only Crystal Lagoons amenity

Nov 11, 2019
DJI copy
Balwin Properties Limited (Balwin) in conjunction with Crystal Lagoons B.V. (Crystal…

Please publish modules in offcanvas position.