11/08/2016
PUBLIC CUATIONARY ANNOUNCEMENT
Due to being inundated with calls from across the global economy for foreign investment opportunities it becomes necessary to clarify the Prefcorp Holdings Pty Ltd position on foreign investment.
While we as a company are always looking for investment opportunities due consideration to the legal and appropriate company policies and procedures as a requirement must be followed, in terms of the company as a legal entity operating the Companies Act of South Africa, or alternatively as incorporated under the specific legislation in the operating country.
Any request for investment partners needs to be vetted in accordance with company policy and procedure and due consideration of the Financial Advisory and Intermediary Services Act of South Africa and before any strategic relationship can be formed, the appropriate partner must comply with the requirements of the Financial Intelligence Act of South Africa. This requires a formally due diligence process, which at best can be a lengthy process. The company therefore will not engage in any form of verbal negotiations before the said due diligence process have been completed and the source of funds verified in terms of the FIC Act, for compliance reasons.
Any proposals with supporting proof of registration as a financial services provider in the country of origin can be directed
To the Director Corporate Services,
PO Box 900 Vanderbijlpark,
Gauteng,
South Africa,
Postal Code 1900
No correspondence will be entered into from any electronic device as per standing company policy and procedure regarding the access to information and safe keeping of database and records.
Yours sincerely
David Jooste
Director: Corporate Services (Prefsure)
Director: Strategic Management (Prefcorp Financial Services)
