K2013088981 Proprietary Limited completed the acquisition of Quarrie Farms from Crookes Brothers Ltd..
The deal is subject to regulatory approval, where necessary and the registration of transfer of the properties. The disposal is also subject to warranties that are considered normal for transactions of this nature and is not subject to shareholder approval. The effective date of the disposal will be the day following the date of registration of transfer of Quarrie Farms or the day following the date of payment of the consideration. The proceeds of the disposal will be utilised to fund other expansion opportunities. Sasfin Capital acted as financial advisor and sponsor to Crookes Brothers Ltd.
K2013088981 Proprietary Limited completed the acquisition of Quarrie Farms from Crookes Brothers Ltd. (JSE:CKS) on January 17, 2014.