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.
BRIDGE CITY SHOPPING CENTRE DONATES MEMEZA PERSONAL SAFETY ALARMS TO GIRLS ATTENDING BUHLEBETHU PRIMARY SCHOOL, KWAMASHU
The donation of 100 Memeza Personal Safety Alarms to female [...]
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.
COMPROP SHOPPING CENTRES DONATE MEMEZA PERSONAL SAFETY ALARMS TO LOCAL COMMUNITIES DURING WOMENS MONTH
The donation of over 300 Memeza Personal Safety Alarms to [...]