|
|
|
2019
R'000 |
|
2019
R'000 |
|
| Unlisted investment |
3 711 |
|
– |
|
– |
|
– |
|
The unlisted equity investment relates to an investment in a venture capital fund and is measured at FVTPL. The investment vehicle has the mandate of reinvesting capital funds. The objective is to generate returns for
the holder of shares in the form of dividends.
The total shareholding percentage is less than 20% and as such, no significant influence is exercised over the venture capital fund.
The investment is classified as a financial asset and is measured at FVTPL due to it being an equity investment.
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