BEE Company definition
Examples of BEE Company in a sentence
Arctic Sun qualifies as a Qualified BEE Company because approximately 50.1% of its shares are held by several HDSAs. The remaining 49.9% shareholding in Arctic Sun is held indirectly by the Company.
Taung Gold EPP also qualifies as a Qualified BEE Company because approximately 50.1% of its shares are held by the Taung Gold EPP Trust, a trust formed principally for the benefit of HDSAs. The remaining 49.9% shareholding in the Taung Gold EPP is held indirectly by the Company.
As at the date of this announcement, SepGold is a wholly-owned subsidiary of Arctic Sun, a Qualified BEE Company.