[Cape Town, 15 October 2007] Empowerment vehicle Grand Parade Investments Limited (GPI) has reached an agreement with Sun International to purchase a further 4% in SunWest, which owns the GrandWest Casino and the Table Bay Hotel. GPI has also secured options...

Empowerment investment company Grand Parade Investments Limited (GPI) is on track to list on the Johannesburg Stock Exchange before year-end, following a ringing endorsement of the plan last night by its shareholders.

This year has been a productive one for empowerment investment company Grand Parade Investments (GPI) and its shareholders – but 2008 promises to be even better, says GPI chairperson Hassen Adams.

GPI shareholders are referred to correspondence dated 25 October 2006 in which GPI referred shareholders to the litigation by Sancino Projects Limited (“Sancino”) and the subsequent extension of the offer period for the GPI BBBEE Trust offer in which GPI shareholders who are either...