BRIEF-WG Wearne says to sell Brandvlei sand quarry and ancillary business

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BRIEF-WG Wearne says to sell Brandvlei sand quarry and ancillary business
Credit: © Reuters.

April 4 (Reuters) - WG Wearne Limited WEAJ.J

* Has entered into an agreement with Elcu Pumps on 31 march to dispose of brandvlei sand quarry and ancillary business

* Brandvlei has been identified as a non-core asset.

* Has agreed to dispose of following to purchaser as a going concern for r7 million

* Effective date for sale of brandvlei is expected to be 1 may 2017. Source text for Eikon: ID:nJseD0020a Further company coverage: WEAJ.J

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