01 Jan Batho Batho Trust Sells 2061 Shares to Emhlomo Equity
Posted at 06:07h
in Timeline
Establishment of Indwe Insurance Brokers in a joint venture with Pamodzi Investment Holdings (through the merger of Thebe Risk Services and Prestasi Brokers) | Acquisition of 25% stake in engineering and construction company Kentz South Africa | Sale of Tusk Resorts to Peermont Global | Acquisition of 4.4% stake in Channel Life Holdings (remaining 45% stake in Safrican is sold into Channel Life Holdings as part of the consideration in 2007) | Acquisition of a 15% interest in Combined Motor Holdings for R294m | Batho Batho Trust sells 2,061 shares to Umhlomulo Equity Participation (a company made up of Thebe employees), thus giving Umhlomulo 22% shareholding in Thebe