As a result, the Company's shares will be suspended with effect from
In this respect, the Company remains on track with respect to proposed realisations of asset values at the holding level including:
Share sale of Lonzim Enterprises
Maximising the USD value for the deposit of
Achieving the sale or rental income from business premises occupied by Paynet Zimbabwe
Creating value from the Intellectual Property held by Payserv Africa and Tradanet
Achieving an minimum return of 3% on cash held in
Driving interest expense and overhead expenses to near non-material levels.
The Company will provide a further update to the shareholders upon further material developments.
Contact:
Tel: +44 (0)20 3287 8814
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