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MICCPROP -
MICC Property Income Fund Limited
Formerly Clidet No.455(Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/013404/06)
("MICCPROP" or "the company")
JSE Share code: MCP NSX Share code: MCO
ISIN:ZAE000050175
Appointment of a Chief Executive Officer and Listing
Appointment of a Chief Executive Officer
The directors are pleased to announced the appointment of
Gregory Chalmers as the Chief Executive Officer of
MICCPROP. His qualifications and experience are as
follows:
Qualification B Comm LLB H Dip Tax
Experience After qualifying as an attorney, Greg
practised as such for several years. Thereafter
he joined the Corporate Finance division of an
international merchant bank. He has been involved
in Corporate finance and related activities for
approximately 10 years and has been working on a
variety of large corporate transactions.
His exposure to property and in particular,
listed property companies has been extensive.
He has been the corporate adviser to three major
property companies on their listing on the JSE
Securities Exchange South Africa ("JSE") and has
been involved in a variety of other property
related transactions.
Listing
The directors further wish to advise that all the
properties have been acquired by MICCPROP
MICCPROP will list subject to finalisation of the
results of the private placing, and the concomitant on
the required shareholder spread with effect from the
commencement of business on Thursday, 9 October 2003, on
the JSE in the Financial - "Real Estate"
sector of the JSE list, under the abbreviated
name "MICCPROP". Further, MICCPROP will
list with effect from the commencement of business on
Friday, 10 October 2003, on the Namibian Stock Exchange
in the Financial - "Real Estate" sector of the JSE list.
Date: 7 October 2003
Investment Bank
Gensec Bank Limited
(Registration number 1996/004744/06)
Corporate Finance Advisory
Sponsor
KPMG Incorporated
Date: 08/10/2003 07:30:02 AM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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