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Rebosis' Ngebulana threatened to interdict Moti from AGM


MONEYWEB
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The Rebosis Property Fund 2021 AGM is scheduled for Tuesday
12:30 
Open:
Sisa Ngebulana, CEO, Rebosis Image: Moneyweb
Ahead of the Rebosis annual general meeting (AGM) on Tuesday, the real estate company’s chief executive Sisa Ngebulana threatened to interdict the chair of the Moti Group, Zunaid Moti, from being able to exercise voting rights at the meeting. 
Correspondence between Moti and Ngebulana’s legal representatives earlier this month shows how both parties claim to hold voting rights at the Rebosis AGM.
Chairperson and founder of the Moti Group, Zunaid Moti. Image: Moneyweb
The spat stems from Moti’s shares in Rebosis which were sold to Ngebulana’s family trust, Amatola Family Trust in August last year. The Trust, however, failed to make the R125 million payment towards the shares, prompting Moti to apply for the sequestration, claiming that the Trust was insolvent.  ....

Sisa Ngebulana , Camila Osborne , Moti Group , Zunaid Moti , Rebosis Image , Amatola Family Trust , Central Securities Depository , Amatolo Trust , கமிலா ஆஸ்போர்ன் , மோதி குழு , ஜுனைத் மோதி , அமடோலா குடும்பம் நம்பிக்கை , மைய பத்திரங்கள் வைப்புத்தொகை ,