Published: 10 August 2017

The Mandatory Offer to minority shareholders of CFI Holdings Limited ("CFI") by Stalap Investments (Private) Limited ("Stalap") which was announced on 13 July 2017, opened on 17 July 2017 and closed on 4 August 2017.

Stalap has advised that due to unanticipated increases in the market price of CFI shares above the Offer Price following the opening of the Mandatory Offer, they have not received any shares on this Mandatory Offer.
- CFI

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