Redefine Income Fund, the fourth largest property loan stock company listed on the JSE Limited today announced that it will give effect to a Broad-based Black Economic Empowerment (B-BBEE) transaction

Spearhead Property Holdings has reported a 43% rise in its headline earnings perked linked unit for the six months to end-December 2004 to 117.55 cents from 82.32 cents a year earlier

Top-performing Spearhead grows earnings 43%, raises distribution 19%.