|
|
Stefstock - disposal of subsidiaries
Stefanutti Stocks shareholders ("Shareholders") were advised that the agreements entered into on 14 September 2022 (together, the "2022 Agreements") by (as relevant) Stefanutti Stocks International Holdings (Pty) Ltd. (incorporated in South Africa) ("SSIH"), Stefanutti Stocks Mauritius Holdings Ltd. (incorporated in Mauritius) ("SSMH"), Stefanutti Stocks (Pty) Ltd. (incorporated in South Africa) ("SSPL"), relating to (i) the sale of 100% of the quotas in SS - Construções (Moçambique), Limitada (incorporated in Mozambique) ("SS Mozambique"); (ii) the sale of 100% of the shares in Stefanutti Stocks Construction Ltd. (incorporated in Mauritius) ("SS Construction"); and (iii) a loan relating to the repayment of a trade receivable amount owing by SS Mozambique to SSPL have been terminated by way of termination agreements last signed on 8 July 2025.
Simultaneously with the termination of the 2022 Agreements, the 2025 Transaction has been entered into.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
