Equity Offer And Online Car Sales

In the future the company will be listed on the South African stock exchange with the view that the listed entity will be used as a vehicle to acquire boutique car finance platforms that will service corporate and employees in acquiring car finance. The reason for offering 20% of the the share capital is that management and employees get exposed in the field of corporate governance and regulatory environments.

The reason for inquiring funds in the immediate future is to get the necessary infrastructure investment in place to facilitate above mentioned growth.