BRIEF-Visual International Announces Stelledale Junction Disposal

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BRIEF-Visual International Announces Stelledale Junction Disposal
Credit: © Reuters.

Dec 28 (Reuters) - Visual International Holdings Ltd VISJ.J :

* JSE: VIS - DETAILED CAUTIONARY - DISPOSAL OF STELLEDALE JUNCTION, PROPERTY DEVELOPMENT AGREEMENT & CAUTIONARY RENEWAL

* VISUAL INTERNATIONAL HOLDINGS LTD - PROPOSED DEAL FOR DISPOSAL CONSIDERATION OF R10 MILLION, PLUS VAT (IF APPLICABLE)

* VISUAL INTERNATIONAL - IN ADVANCED NEGOTIATIONS FOR DISPOSAL OF LAND AGREEMENT, PROPERTY DEVELOPMENT MANAGEMENT AGREEMENT WITH MAKORO

* VISUAL INTERNATIONAL- IN TERMS OF NEGOTIATIONS, MAKORO WILL CONCLUDE LOAN AGREEMENT WITH CO, VISUAL, MY PLACE TRUST AND WILL LEND 2 MILLION RAND

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