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‘Black public’ offer for shares in Barloworld property spin-off oversubscribed

By: Terence Creamer     5th June 2019 Industrial group Barloworld reports that the public-offer component of its Khula Sizwe Property Holdings empowerment transaction was oversubscribed, with over 50 000 applications received and the R164-million funding target met. The offer, which was open to black investors only, closed on May 31.... 

Barloworld optimistic ‘black public’ will take up offer to invest in new property group 

By: Terence Creamer     25th April 2019 Industrial group Barloworld is optimistic that qualifying black South Africans will respond positively to its offer to buy a maximum of 30% of the shares available in a new black-owned property company, called Khula Sizwe Property Holdings, being created as part of a larger R3.5-billion... 

Barloworld offers employees, general public stake in R3.5bn BEE property scheme

By: African News Agency      10th April 2019 Industrial conglomerate group Barloworld Limited on Wednesday launched its public offer for Khula Sizwe Property Holdings, a black-owned property company, in a bid to enable black South Africans to own a stake in a significant property company. Through this transaction, which is part of the... 

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