Company Listing on the ZSE

The principal reasons for the Meikles – Tanganda Demerger  are:

  • To establish Tanganda as a dedicated stand-alone business attractive to investors and able to pursue business ventures within the value-added diversified agricultural sector in Zimbabwe;
  • To enable Meikles and Tanganda in future to raise funding with conditions suitable for the type of businesses they are in;
  • To enable the Group and Tanganda to report independently to the public and be judged correctly when compared to similar businesses; and
  • To unlock shareholder value and allow the two businesses to expand and grow on their own merits

Author

Jay Matanda