ACP - Acucap - Fulfilment of conditions: acquisition of 50% of Sycom Property
ACP
ACP
ACP - Acucap - Fulfilment of conditions: acquisition of 50% of Sycom Property
Fund Managers Limited ("SPFM") and the related property and asset management
businesses
ACUCAP PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/021725/06)
Share code: ACP ISIN: ZAE000037651
("Acucap")
FULFILMENT OF CONDITIONS: ACQUISITION OF 50% OF SYCOM PROPERTY FUND MANAGERS
LIMITED ("SPFM") AND THE RELATED PROPERTY AND ASSET MANAGEMENT BUSINESSES
Unitholders are referred to the SENS announcements of 4 March 2008, 16 April
2008 and 9 May 2008 regarding inter alia the acquisition by Acucap of a 50%
shareholding in SPFM, all of the property management business and 50% of the
asset management business in respect of Sycom`s property portfolio ("the
acquisitions") and are advised that all regulatory approvals have now been
obtained and the acquisitions have become unconditional.
25 September 2008
Sponsor to Acucap
Java Capital (Proprietary) Limited
Competition law advisor to Acucap
Vani Chetty Competition Law (Proprietary) Limited
Date: 25/09/2008 15:50:01 Produced by the JSE SENS Department.
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