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16 10, 2019

COMPROP DISAPPOINTED BY SAFARI BOARD NOT PROPOSING SCHEME

2019-10-16T16:09:44+00:00Oct 16th, 2019|

Comprop has tried since late 2018 to engage with the Safari board in a meaningful manner to agree a friendly transaction that it believed would be in the interests of all Safari shareholders and would also make strategic sense for Comprop. Our approaches, which included the submission of three non-binding indicative offers, were consistently rebuffed by the Safari board and ultimately left us with no choice but to make an unsolicited, all cash, fully guaranteed offer to acquire the entire issued share capital of Safari.

25 09, 2019

BRIDGE CITY SHOPPING CENTRE DONATES MEMEZA PERSONAL SAFETY ALARMS TO GIRLS ATTENDING BUHLEBETHU PRIMARY SCHOOL, KWAMASHU

2019-09-26T13:46:49+00:00Sep 25th, 2019|

The donation of 100 Memeza Personal Safety Alarms to female [...]

10 09, 2019

COMPROP AND SHAREHOLDERS FRUSTRATED BY SAFARI BOARD

2019-09-11T10:10:46+00:00Sep 10th, 2019|

In an open letter to the board of Safari Investments (“Safari”) released on SENS today, the directors of the unlisted property fund Community Property Company (“Comprop”) expressed their frustrations at the recent unresponsive conduct of the Board of Safari (“Safari Board”) in relation to the Comprop R1.8 billion all cash offer for the company.