The local bunkering company, Monjasa Namibia donated N$200,000 to the Promiseland Trust to support its early child development initiatives, last Friday. Speaking at the handover, the General Manager of Monjasa Namibia, Sean Holmes said, “since the establishment of the company in 2014, its been our vision to share our successes with the community. We were so committed to this goal that we included a trust as a shareholder in the business. Over time we have been allocating profits from our business ventures to this trust and we are proud to announce that we are now able to contribute in this small way towards the efforts of organisations that uplift the community and bring about positive change.”
Accepting the donation, Jessica Mostert a trustee of the Promisland trust, expressed her gratitude for the donation adding that, “it would allow the trust to expand and maintain the impact it has on early child development and school readiness for especially vulnerable children in marginalized communities.”
Mostert noted that the Promiseland Trust has been able to run three different projects including the early child development programme based on the Montessori educational system, a foster care house and a feeding scheme where some 300 underprivileged children are fed daily and a further 2,000 are given a meal at school. “This would not have been possible without the generosity of our sponsors, partners and the selfless efforts of our community volunteers,” said Mostert. “It is not only the economy that is suffering from the recession, but also charity organisations receive less support. So this generous donation is heaven-sent.”
Holmes also pledged to support the Promiseland Trust activities for three years. “It is Monjasa Namibia’s commitment to support the trust for three years up to 2021. All that remains is to thank the organisations for their commitment to uplift their communities, and we are proud to be associated with you and look forward to our continued partnership.”
Founded in Denmark in 2002, Monjasa is a global partner in the oil and shipping industries. The core business includes reselling and supply of marine fuels, oil terminal operations, and ship owning activities on a global level. Monjasa Namibia was established as a joint venture between Manica and Monjasa, to enable vessel owners and shipping companies easier access to bunkering services along the west coast of Africa. Bunkering is the supplying of fuel for use by ships, and includes the shipboard logistics of loading fuel and distributing it among available bunker tanks. Monjasa Namibia also carries out regular onshore bunkers.
With a fleet of some 20 tankers, 2 oil terminals and office locations in Europe, the Americas, the Middle East & Africa, and Southeast Asia, we are present in all major time zones. We are certified according to ISO 9001, ISO 14001 (2015 standards) and OHSAS 18001 and all our oil products meet the latest specifications of ISO 8217. On land and on board our vessels at sea, the Monjasa Group employs 450 bunker traders and other maritime specialists.
Promiseland Trust tel: 081 200 7599 email: firstname.lastname@example.org
Monjasa Namibia tel: 064 -201 2180 email: email@example.com
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.
Investors are referred to the NENS announcement released on August 31, 2018 relating to the finalization announcement of the sale by Bidvest Namibia of the entire issued capital of Bidvest Fisheries Holdings to Tuncar Fisheries. The results of Bidfish have been presented as discontinued.
Further to the cautionary announcement dated December 12, 2018, shareholders are advised that the Company has entered into discussions, which if successfully concluded, may have a
material effect on the price of the Company´s securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in Bidvest Namibia´s securities until a final announcement is made.