Circulars to unit holders

11 May 2007

Circular to holders of SA Retail linked units (“SA Retail linked unitholders”) who have not accepted the offer by SA Corporate to acquire their SA Retail linked units regarding:

SA Corporate's intention to acquire all of their SA Retail linked units in terms of section 440K(1) of the Companies Act, 1973 (Act 61 of 1973), as amended (“section 440K(1)”); and incorporating:

- a section 440K(1) notice by SA Corporate; and
- a form of surrender (blue) for use by certificated SA Retail linked unitholders.

 

click here to download (115kb)

28 March 2007

Circular to SA Corporate unitholders regarding:

the offer by SA Corporate to acquire all the SA Retail linked units in issue;

and incorporating:

  • a notice convening a general meeting of SA Corporate unitholders;
  • a form of proxy in respect of the general meeting of SA Corporate unitholders (for use by
  • certificated SA Corporate unitholders and own-name dematerialised SA Corporate
    unitholders only); and
  • Revised Listing Particulars.

click here to download (1078kb)

28 March 2007

Circular to SA Retail linked unitholders

regarding:

  • an offer by SA Corporate to SA Retail linked unitholders to acquire all of their SA Retail linked units in terms of section 440A of the Companies Act for the offer consideration of either:
  • 3,05 new SA Corporate units for every 1 SA Retail linked unit held; or
  • a consideration of R10,50 plus the interest consideration for every 1 SA Retail linked unit held;

and incorporating:

  • the recommendation of the independent sub-committee appointed by the SA Retail Board supporting the offer;
  • an independent opinion regarding the terms and conditions of the offer from the independent expert to SA Retail; and
  • a form of acceptance, surrender and transfer (blue) for use by certificated SA Retail linked unitholders.

click here to download (329kb)

20 March 2007
Circular to SA Retail linked unitholders

relating to:
the acquisition of a portfolio of properties from various property owning companies administered by Sharemax Investments (Proprietary) Limited (“the acquisition”);

and incorporating:

  • the information required by the Listings Requirements of the JSE Limited (“the JSE”) for revised listing particulars;
  • a notice convening a general meeting of linked unitholders; and
  • a form of proxy (for use by certificated linked unitholders and own-name dematerialised linked unitholders only).

click here to download (964kb)