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Sekunjalo - Coup for Sekunjalo Investments Limited

Release Date: 02/02/2005 13:37
Code(s): SKJ
Wrap Text

Sekunjalo - Coup for Sekunjalo Investments Limited Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ ISIN: ZAE000017893 ("Sekunjalo" or "the company") 02 February 2005 COUP FOR SEKUNJALO INVESTMENTS LIMITED, AS FORMER DIRECTOR - GENERAL OF LAND AFFAIRS DR GILINGWE MAYENDE JOINS THE SEKUNJALO GROUP Sekunjalo Investment Limited is delighted to announce that the former Director- General of Land Affairs Dr Gilingwe Mayende has been appointed Chief Executive of Sekunjalo Industrial Holdings a subsidiary of Sekunjalo Investments ("Sekunjalo") Limited. Mayende will head the portfolio of investments which include fishing subsidiary Premier Fishing, the food and agricultural business and the impending move by Sekunjalo Investments into the Power Utilities. Dr Surve, Chief Executive Officer of Sekunjalo has said that it is a coup for Sekunjalo to be able to attract someone of this managerial expertise and wealth of networks. Dr Mayende has said that it was an easy decision to join Sekunjalo after turning down other offers since Sekunjalo is an outstanding example of Black Economic Empowerment and transformation in this country. The values of Sekunjalo attracted him most and the opportunity to work with pioneers of Black Economic Empowerment such as Dr Surve, CEO of Sekunjalo Investment Limited. Dr Surve said that this appointment represents an exciting new phase for the group to consolidate its position as a pre-eminent empowerment company involved in manufacturing, processing with a commitment of job creation and employment in South Africa. Dr Surve said that Dr Mayende"s extensive experience working with communities and people in the public sector will add value to the Sekunjalo Group. Dr Mayende will be appointed in due cource to the main Board of Directors at Sekunjalo, CEO of Sekunjalo Industrial and Chairman of Sekunjalo"s recent acquisition, Synergy Computing. ...ENDS For Further information please contact: Melody Mjila Group Communications Manager Sekunjalo Investment Limited Tel: 021 658 2700 Fax: 021 658 2714 Cell: 072 109 5014 Email: melody@sekunjalo.com Date: 02/02/2005 01:37:23 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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