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: email@example.com
Monjasa Namibia tel: 064 -201 2180 email: firstname.lastname@example.org
Shareholders of Bidvest Namibia are referred to the circular to Bidvest Namibia Shareholders containing details of a conditional take-over by the Bidvest Group to Bidvest Namibia Shareholders, to acquire all remaining Bidvest shares not owned by the Bidvest Group by way of a take-over scheme (‘offer’). Subsequent to the acceptance of the Delisting Resolution by the requisite majority, the offer has been declared unconditional by the Bidvest Group and has become effective, irrevocable an open for acceptance during the Acceptance Period.
Further to the cautionary announcement released on the Stock Exchange News Service (“NENS”) of the Namibian Stock Exchange (“NSX”) on 12 December 2018, the subsequent renewal of the Cautionary Announcement released on NENS on 23 January 2019 and 1 March 2019 and the announcements released on NENS on 11 April 2019 and 25 April 2019. Shareholders are hereby advised that the requisite majority of Bidvest Namibia shareholders eligible to vote, have approved the delisting. In terms of this passed resolution, the listing of all the Bidvest Namibia Shares of
Bidvest Namibia on the Main Board of the NSX be suspended and terminated with effect from 11 June 2019 or at such times and such dates as will be approved in accordance with the Bank of Namibia and by the NSX
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….