Agra is proud to announce its conversion from a
co-operative to a public company, effective 1 February 2013. This follows the approval by the Ministry of
Agriculture, Water and Forestry after a process during which Agra and the
Ministry agreed on a number of issues in order to comply with the Co-operatives
Act 1996.
The conversion of Agra Co-operative Limited into a
company gives effect to the wishes of more than two-thirds of Agra’s members. The
board and management see the conversion as a natural evolution, a process that
will strengthen Agra’s position to continue to grow and develop its markets,
knowing that its business vehicle is well geared to build on the success story
of the past.
A strong balance sheet supports Agra’s purpose: Creating prosperity,
improving quality of life.
Numerous administrative and organizational tasks lie
ahead for Agra to ensure a smooth transition to a company. Agra will inform all
its stakeholders as and when new information becomes available regarding the
various steps in the conversion process. Relevant
information to all Agra’s stakeholders will be communicated through the various
media and communication channels on a continuous basis.
Contact: Di-Anna Grobler and Albé Snyman
Agra (Co-operative) Limited
Agra (Co-operative) Limited
Tel: (061) 290 9218
Fax: (061) 290 9250
Email: diannag@agra.com.na /
No comments:
Post a Comment