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:
“In the old days, one married a wife; now one forms a company with a female partner, or moves in to live with a friend. And then one seduces the partner, or defiles the friend.”
—J. August Strindberg (1849–1912)