What started as a simple fun challenge within the Manica group turned into a heartwarming gesture. Woker Freight Services challenged staff members in the group to cycle from Walvis Bay to Swakopmund (covering about 36km). Most of the participating staff do not cycle regularly or cycle at all, but managed to complete the challenge – despite aching knees and sore bums. The cycle challenge raised some N$1000. With the recent rain in Walvis Bay and the SPCA’s previous appeal for old linen, blankets and pillows; the cycling funds were spent on buying some snugly blankets.
Lorraine Maritz (SPCA Committee) couldn’t thank Manica enough and said it was a blessing in the rainy weather. “With the rain the dogs go in and out of the kennels and quickly trample their blankets wet.Washing and trying to get the blankets dry in this rain is almost impossible. So this donation is a heaven sent, thank you so much!”
Manica also matched the funds raised and donated a further N$1000 towards the centre’s veterinary bill. The other two stars in the SPCA photo were promptly named in Manica’s honour, as “Piper” and “Tossie” respectively.
Further to the cautionary announcement released on the Stock Exchange News Service of the Namibian Stock Exchange on 25 April 2019 relating to the circular to shareholders, supplementary information relating to the sum of the parts valuation, culminating in the fair and reasonable valuation range of N$8.95 to N$9.45 as per the E&Y Fair and Reasonable opinion included in the circular, is available on the this website.
Further to the cautionary announcement released on the Stock Exchange News Service of the Namibian Stock Exchange on 12 December 2018, the subsequent renewal of the Cautionary Announcement released on NENS on 23 January 2019 and 1 March 2019 and the announcement released on NENS on 11 April 2019. A combined circular has been issued today by Bidvest Namibia Limited and the Bidvest Group to a conditional Take-over offer in terms of sections 320 – 327 of the Companies Act….
The shareholders of Bidvest Namibia are informed that on 10 April 2019, Bidvest Namibia received a Binding Conditional Offer (“”Offer”) from Bidvest Group, the majority shareholder of Bidvest Namibia, to acquire all of the shares held by the minority shareholders in Bidvest Namibia (“Bidvest Namibia Shareholders”) at 10.50 per share, which Offer will be subject to inter alia the successful passing of the De-listing Resolution as set out in the conditions, together with the take-over statement and Offer amounts to a takeover scheme.
Shareholders of Bidvest Namibia are informed that Bidvest Namibia has received a intended binding offer from Bidvest Group, the majority shareholder of Bidvest Namibia, in terms of which Bidvest Group intends to make an offer to acquire all of the outstanding ordinary shares in Bidvest Namibia not currently held by Bidvest Group, by way of a take-over scheme. The amount offered in terms of the Intended Conditional Offer is a cash only consideration of N$10.50 per Offer Share, subject to the successful passing of the De-listing Resolution as set out in paragraph 2 below.