Shareholding in Spur rises to 7.48%
Durban - JSE listed company Grand Parade Investments, through its subsidiary Grand Food Investments 3 Proprietary Limited, has acquired a 7.48 percent beneficial interest in Spur Corporation’s securities.
As a result of the transaction, Grand Parade has increased its shareholding in Spur to 17.48 percent of the total issued share capital of Spur. Grand Parade Investments, which is based in the Western Cape, is a black- owned and controlled company with investments and operations in the gaming and leisure industries.
Read also: Spur apologises for its response to racist spat
BUSINESS REPORT ONLINE