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Naspers: We have not been informed of any legal action by investors

by 07/12/2017 04:17:00 0 comments 1 Views

Ebrahim indicated that Naspers has consistently commented as follows on recent allegations in the media:

• Naspers takes the recent media allegations about MultiChoice South Africa seriously.
• MultiChoice South Africa has many minority shareholders and the responsibility for dealing with the matter lies with the independent MultiChoice South Africa board.
• Naspers has confidence in the MultiChoice South Africa board dealing with the matter‚ following their governance procedures.
• Naspers will verify that the MultiChoice South Africa board has addressed the matter adequately.

“The MultiChoice Audit & Risk committee has confirmed the action it is taking in response to the allegations in the media‚” she added.

“As stated above‚ once they complete their work following their governance procedures‚ they will report to the MultiChoice board‚ and after that has happened the Naspers board will consider whether or not it is satisfied with the action that the MultiChoice board has taken.”

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