REGAL TREASURY BANK HOLDINGS LTD
In view of other commitments Dr Konstant Bruinette has offered to step down
as the Chairman of Sempres International Technology Holdings Limited, in
order to allow him to concentrate and focus on these commitments. The
resignation of Dr Konstant Bruinette is premised on the basis that certain
negotiated agreements will be signed off as previously agreed by the
respective.
Hendrik Bruinette, in order to assist Dr Bruinette in his many interests,
has offered to step down as Financial Director of Sempres International
Technology Holdings Limited.
Where appropriate a newly structured board will interact with Dr Bruinette
to leverage his significant expertise.
Mr. Peter B. Cramer, formally a partner of Arthur Anderson, and a well-known
and respected figure in the IT industry, has accepted the position of
Executive Chairman.
A Financial Director will be appointed in due course.
Ends
Issued by: Priya Puthisigamoney, Meropa Communications (Pty) Ltd
Tel: 011-784-1008
On behalf of: Regal Treasury Bank Holdings Ltd
Contact: Mr Jeff Levenstein, chief executive officer
Tel: 011-257-8000
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