SKJ - Sekunjalo - Changes to the Board and Results
SKJ
SKJ
SKJ - Sekunjalo - Changes to the Board and Results of the AGM
Sekunjalo Investments Limited(Incorporated in the Republic of South
Africa)(Registration number 1996/006093/06)Share code: SKJ & ISIN:
ZAE000017893("Sekunjalo" or "the company")
CHANGES TO THE BOARD OF DIRECTORS AND RESULTS OF THE ANNUAL GENERAL MEETING
In accordance with Section 3.59 of the JSE Limited Listings Requirements,
the company announces the following changes, with immediate effect, to the
board of directors of Sekunjalo ("the board"):
Mr Mogamat Hishaam Ally has resigned as Financial Director at the annual
general meeting, and he will assume the position of Financial Director of
Sekunjalo Capital. Mr Mohammed Yusuf Kajee, a co-founder of Sekunjalo who
returned to the company as Chief Operating Officer in 2006 after a stint as
managing director at Irvin & Johnson Limited, has been promoted to the post
of Group Chief Financial Officer. Mathuding Julia Ramatlhodi has also
resigned as Executive Director from the board at the annual general meeting.
Sekunjalo founder and CEO Dr Iqbal Surve has received an extension from the
JSE to remain as Executive Chairman until 30 June 2007. During this time,
the company will actively pursue to separate the role of CEO from that of
Chairman.
Shareholders are advised that, at the annual general meeting of Sekunjalo
held at Steenberg Golf Club, Steenberg Estate, Tokai Road, Tokai, 7945, on
27 February 2007, all the resolutions were passed by the requisite majority
of shareholders. The special resolution will be submitted for registration
at the Registrar of Companies in due course.
Cape Town
28 February 2007
Sponsor
ABSA Capital - a division of ABSA Bank Limited
Date: 28/02/2007 14:08:00 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
