June 12 (Reuters) - Conduit Capital Ltd CNDJ.J :
* Signed a resolution to approve disposal of a portion of investments for 62,711,550 rand
* Disposal will provide cash that will be employed in co's insurance units in order to fund organic growth opportunities
* Proceeds from disposal are to be used to service conduit capital's short term and long term funding requirements Source text for Eikon: Further company coverage: CNDJ.J
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