Impi Linux - Company Shareholding

Company Shareholding

Shareholders of the company were Shuttleworth's HBD Business Holdings (65%), with an additional shareholding from Khuselo Investments (Pty)Ltd (10%). Khuselo Investments jointly represented by Pumla Radebe, Johannesburg City Parks Chairperson and Eddie Funde, chairman of the SABC. In addition, 20% of the shares in the new entity have been earmarked for BEE, in the form of a trust that will disburse shares to previously disadvantaged employees over time. Other minor shareholders (5%) include, Andre Coetzee, Nick Venter, Howard Lowenthal and Gary Fortuin.

Read more about this topic:  Impi Linux

Famous quotes containing the word company:

    I have noticed that doctors who fail in the practice of medicine have a tendency to seek one another’s company and aid in consultation. A doctor who cannot take out your appendix properly will recommend you to a doctor who will be unable to remove your tonsils with success.
    Ernest Hemingway (1899–1961)