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STELLENBOSCH, South Africa–(BUSINESS WIRE)–STEINHOFF INTERNATIONAL HOLDINGS PROPRIETARY LIMITED (“THE COMPANY”) NOTICE OF THE AVAILABILITY OF A s155 PROPOSAL
Notice is hereby given to inter alia certain creditors (“Scheme Creditors”) of Steinhoff International Holdings Proprietary Limited (“the Company”), of a proposed scheme of arrangement and compromise (the “Scheme”), and of the availability of the proposal / Scheme document (the “Proposal”).
1 ACCESSING THE PROPOSAL AND ITS ANNEXURES
The Proposal and its annexures are available at www.SteinhoffSettlement.com, and by completing a request form from the Registrar of the High Court of South Africa, Western Cape Division, Cape Town.
2 FURTHER COMMUNICATIONS
AECI Limited - Trading Statement
(Registration number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020
In compliance with the JSE Limited Listings Requirements, shareholders and noteholders are advised that for the financial year ended 31 December 2020 (the period), AECI s headline earnings per share (HEPS) is expected to be between 920 cents and 863 cents, that is between 20% and 25% lower than the 1 150 cents for the financial year ended 31 December 2019 (the prior corresponding period). Earnings per share (EPS) is expected to be between 147 cents and 86 cents, that is between 88% and 93% lower than the 1 223 cents in the prior corresponding period.
Businessman in bid to recoup millions from Sisa Ngebulana over Zunaid Moti-linked deal
By Manyane Manyane
Share
Johannesburg - Ammeti holdings property Limited director Mikaeel Moti, wants the Billion Group and the Amatolo Family Trust to be dissolved following its failure to pay him R17 million for providing liaison and advisory services when controversial businessman Zunaid Moti sold back the shares he bought from the group’s real estate investment fund Rebosis.
Billion, a property company and Amatolo, are headed by business mogul and lawyer Sisa Ngebulana.
In his 508-page affidavit, Mikaeel said Ngebulana assigned his company to facilitate negotiations of selling shares between the Billion and (Zunaid) Moti.
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