ABRINALTD
Updated 46 days ago
- Age: 18 years
- ID: 23824338/141
Abrina shareholders contributed R41million in cash to capitalise company. R15,3m was provided to capitalise the staff trust. Abrina is managed by a Board Of Directors and adheres to proper corporate governance. Abrina is compelled to maintain its BEE status for at least 10 years as a requirement by Sasol. Its BEE status is vetted annually by BEE ratings agency to ensure adherence... Abrina's strategy is to invest in well established companies with strong cash-flows. It has the ability to provide cash towards its deal as well as provide substantial value add through its network of over 100 Sasol filling stations and the availability of a pool of skills to draw on from its stakeholders... Abrina 5604 Ltd was established in 2007. Established as a fully compliant BBBEE investment holding company. Recipient of the largest share allocation in Sasol Inzalo transaction - allocated R820 million of Sasol shares. Strategy is to focus on investments in well established businesses in a variety of..