Umhlanga’s Oceans Hotel ‘improves communications’ with minority shareholders
25 August 2024 - 07:54
Oceans Hotel Ltd, owner of the R650m Radisson Blu Hotel in Umhlanga, says it has improved its communication with minority shareholders after complaints that the company had not properly shared information with smaller investors for a number of years.
The company with ties to prominent businessman Vivian Reddy told Business Times in Durban last week it had created a website — www.oceansumhlangahotel.co.za — and social media accounts where shareholders can regularly engage with it and enquire about the status of their investments and how their shares are performing...
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