Published: 04 July 2017

"The Board of Directors of African Sun Limited ("African Sun" " the Company") are pleased to announce that, on 1 March 2016, African Sun agreed with Dawn Properties Limited ("Dawn") to settle outstanding disputes with respect to the ownership of the Timeshare Units at the Troutbeck (24) twelve units and Caribbea Bay Resorts (11) eleven units together with Leasehold Improvements thereat as well as at various hotels. Specifically, the Leasehold Improvements at the hotels applies to the "The Aquarium Bar" at Monomotapa Harare, The "Conference Centre" at the Great Zimbabwe Hotel and "the Water Reservoir" at the Elephant Hills Resort…"
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