Shareholder group calls for Safari directors to take a hike
Director criticised for overseeing share price collapse and for poor governance
03 December 2019 - 19:24
A group of shareholders has called for the resignation of most of the directors of shopping centre owner Safari Investments, saying they have refused for four months to tackle the 45% share price slide at the company as well as allegedly poor governance around related-party deals.
Safari owns shopping centres that serve lower-income consumers mostly in and around Tshwane. ..
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