411 The Hills,
Buchanan Square, 160 Sir Lowry Road,
Woodstock, Cape Town,
South Africa, 7925.
Listed Since: 2022/11/14
BSX Currency: USD
Open To: Qualified Investors

Maitlantic Investment Proprietary Limited was incorporated under the Companies Law in the Republic of South Africa as a private company with limited liability on 8 September 2010 with the registered number 2010/018359/07, originally under the name of RAPITRADE 622 (PROPRIETARY) LIMITED and its registered office address is at 411 The Hills, Buchanan Square, 160 Sir Lowry Road, Woodstock, Cape Town, South Africa, 7925.

The Issuer is a wholly owned subsidiary of IG EMI Holdings Proprietary Limited (IG EMI). IG EMI is a wholly owned subsidiary of the ultimate holding company for its Group, which predominantly focuses on real estate investment and development.

The Issuer is a capital raising vehicle for the Group, which will continue to look to raise further capital for the Group in order to fund further investments, specifically to finance investment into the Group's largest single investment comprising of an approximate 54% shareholding acquisition into Emira Property Fund Limited (Emira). The long term view is for the Issuer to increase its shareholding in Emira over the next five years, to approximately 70%.

Emira is a diversified real estate investment trust (REIT) company, with a property portfolio of predominantly South African assets, and a growing component of offshore assets. Emira listed on the Johannesburg Stock Exchange in November 2003, in the real estate investment trusts sector. In line with its strategic objectives, Emira’s property portfolio spans multiple sectors, namely office, retail and industrial, with a new element of residential.

IG EMI is a wholly owned subsidiary of Castleview Property Fund Limited (Castleview). Castleview is a property holding and investment company that was incorporated as a private company on 6 July 2017, converted into a public company on 2 November 2017 and listed as a retail REIT on the AltX of the JSE on 20 December 2017.

The ultimate holding company of Castleview Property Fund Limited is I Group Investments Proprietary Limited, registered in the Republic of South Africa.

Maitlantic Investment Proprietary Limited – up to US$55,000,000 6% Unsecured 10 Year Bond Programme 

FINANCIAL AND OTHER INFORMATION

LISTING SPONSOR

MIAX Logo
TRADING HOURSLOCATION
 
08:30-09:00 Price Discovery Exchange House
09:00-16:30 Continuous Trading 110 Pitts Bay Road
  Pembroke, Bermuda
   
CONTACT DETAILSMAILING ADDRESS
 
TEL: +1 (441) 292 7212 P.O. Box HM 1369
FAX: +1 (441) 292 7619 Hamilton HMFX
Contact Us (info@bsx.com)  
DISCLAIMER
 
The information contained in these pages has been obtained from sources which The Bermuda Stock Exchange believes are reliable. However, the accuracy of the information cannot and is not guaranteed and The Bermuda Stock Exchange makes no representation as to its accuracy or completeness. Neither this Web site, nor any information contained herein, constitutes advice or a solicitation to subscribe, purchase or sell any securities. The Bermuda Stock Exchange expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this site or any external sites referenced from this website.