Value Group Limited - Press release
(Incorporated in the Republic of South Africa)
(Registration number 1997/002203/06)
In a move that is set to facilitate the transformation of the white dominated
fleet management industry, Value Group Limited, has formed an empowerment
company known as Value Inani (Pty) Ltd.
Value Group Limited is a well established, JSE listed Company, and a leader in
the truck hire and logistics industry.
Value Inani (Pty) Ltd is 51% owned by a consortium led by prominent business
personality, Dr Mathews Phosa, with 49% allocated to the Value Group. Value
Inani is headed up by Dr Phosa as the Executive Chairman with Steven Gottschalk
as the Company`s CEO. Dr Phosa has also been appointed executive Director to
the main board of Value Group Limited. He has resigned from all other interests
that are in actual or potential conflict with his new environment.
Date: 29/10/2002 04:28:52 PM Produced by the JSE SENS Department
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