This short form prospectus qualifies the distribution (the “Offering”) of up to R150,000,000 aggregate principal amount of 9.1% redeemable unsecured debentures (the “Debentures”) of a load of Scrap Metal for (“Siaso Manufacturing Co-operative Society”, “SIASO”, “us” or “we”) at a price of R1 per Debenture (the “Offering Price”). The Debentures have a maturity date of 14 Days from full capital commitment.
Scrap Supplier: SIASO Co-operators
Scrap Buyer: South Africa
Cycle (on full funding): 14 days
Offering Price: R1
Debentures on Offer: 150,000