Inqo Investments Ltd - Sale of investment in Bee Sweet Honey Limited
Announcement provided by
Inqo Investments Limited · INQO25/11/2022 07:00
Inqo Investments Limited
INQO INVESTMENTS LIMITED ANNOUNCES THE SALE OF ITS
INVESTMENT IN BEE SWEET HONEY LIMITED IN
Inqo Investments Limited announces the exit of its investment in Bee Sweet Honey Limited, the honey production business in
Inqo decided to disinvest from its Bee Sweet investment as the company was not performing in terms of its agreed financial mandate and was undergoing a corporate re-structure. The disposal is expected to be completed with a final payment in January 2023. This divestment incurred a net loss of
Enquiries
|
Inqo Investments Limited |
Tel: +27 (0)83 6254069 |
|
Chris Bertie, Chief Financial Officer and Chief Operating Officer |
Email: cbertie@acland.co.za |
|
|
|
|
Hobart Capital Markets LLP |
|
|
AQSE Corporate Adviser and Broker |
Tel: +44 (0)20 7070 5665 |
|
Dr Wang Chong |
Email: wang.chong@hobartcapital.com |
About Inqo Investments Limited
"INQO" (www.inqo.co.za) is a
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.