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VISUAL INTERNATIONAL HOLDINGS LIMITED - Signing of 10 year lease agreement

Release Date: 23/09/2016 13:40
Code(s): VIS     PDF:  
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Signing of 10 year lease agreement

VISUAL INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/030975/06)
(“the Company” or “Visual”)
ISIN Code: ZAE000187407 Share code: VIS

                          SIGNING OF 10 YEAR LEASE AGREEMENT

The directors are pleased to advise that the Company has signed a 10 year corporate
lease agreement with Spar, with a renewal option for two times 5 years, for its retail site
known as Stellendale Junction, within the Stellendale Village development.

Visual is currently negotiating with a joint venture partner to develop Stellendale Junction,
failing which Visual will either develop the retail site to hold or sell the completed centre in
due course.

Johannesburg
23 September 2016

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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