PRETORIA – The JSE Listing in Sagarmatha technologies was scuppered by various players acting in bad faith.
“The CIPC raised obstacles to the listing. This unseated foreign investors and the listing on the JSE was not pursued. Sagarmatha has applied to the South African Reserve Bank for authorisation for the listing to be done abroad,” he said. In his statement to the commission, Survé said the then CEO of Sagarmatha and its CFO, Paul Lamontagne & Takudzwa Hove respectively, were involved in the negotiations with the PIC and copies of the meetings with the PIC ought to be with the PIC secretariat.
These multinationals are in the areas of industrial, engineering, telecommunications, ICT companies and defence and radar systems , British Telecoms and Saab AB) and is therefore able to execute on the strategy for the African continent, he said.
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busrep Sounds like bullshit to me.
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