MALBAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1946/022234/06)
JSE Share code: MLB ISIN: ZAE000004487
("Malbak")
RESULTS OF GENERAL MEETING
SG Hambros South Africa is authorised to announce that, at the general
meeting of Malbak shareholders held on 11 March 2002, the requisite majority
of shareholders approved the ordinary resolution required to give effect to
the disposal by Malbak of its Rigid Plastics Division to a consortium,
consisting of Mr G D de Jager, Mr G J de Jager and Riverbank Limited ("the
disposal").
All of the conditions precedent to the disposal have been fulfilled, and the
disposal has now come into effect.
Johannesburg
11 March 2002
Financial advisor and lead sponsor
consisting of Mr G D de Jager, Mr G J de Jager and Riverbank Limited ("the
disposal").
All of the conditions precedent to the disposal have been fulfilled, and the
disposal has now come into effect.
Johannesburg
11 March 2002
Financial advisor and lead sponsor
SG Hambros South Africa
Sponsor
Rand Merchant Bank
A Division of FirstRand Bank Limited
Corporate Finance
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