Message from the Chairman

ANGEL CAPITAL 24 PTY LTD

Chairman's Message

 

Years of dedicated and relentless efforts have lifted ANGEL CAPITAL 24 PTY LTD to enviable heights, both in its diversified portfolios of investments and in its vast clientele. Today, ANGEL CAPITAL 24 PTY LTD assets are well diversified across 21 countries, 18 sectors and wide spectrum of assets classes including private equities, real estate and fixed income. When we founded ANGEL CAPITAL 24 PTY LTD , our vision was to create a pioneer financial and investment services group covering the entire Middle East and the world at large, backed with strong partners and a world class team of experienced financial professionals, offering the finest services in investment solutions, securities brokerage, asset management and financial research/advice. In 2010, ANGEL CAPITAL 24 PTY LTD went through a major organizational and capital restructuring that positioned ANGEL CAPITAL 24 PTY LTD firmly in the investment sector.

In 2010, the company raised its capital by USD 1.5 million shares through the distribution of bonus shares to the shareholders by (1/2) half a share for every (10) ten shares owned. Therefore, the capital of the company is currently equivalent to USD 315 million distributed among 31.5 billion shares. The aim of ANGEL CAPITAL 24 PTY LTD Company is to invest its funds in different types of investment options according to the proper commercial and economic basis to achieve profits for the shareholders and to contribute in the economic, commercial and social growth of the entire world. I would like also to point out that the Board of Directors have already adopted the investment strategy of the company that focused essentially on different areas of investment such as investment in real estate, renewable energy, agriculture, mining, biotechnology, technolgy, hospitality, oil and gas, acquiring strategic shares in selective under performing companies for re-structuring or buying them outrightly. Our broad strategy also includes planning to enter small and medium-sized industries and contributing to their capitals.

The company's management is keen not to engage in any transaction prior to assessing the involved risks thoroughly and rely on economic feasibility studies to ensure achieving the desired goals to protect the company from any financial losses as a result of lack of adequate assessment for those investments. ANGEL CAPITAL 24 PTY LTD Company is managed by Board members, all of whom are having experience and good reputation, in addition to highly experienced and competent Chief Executive Officer and specialized skilled staff . The Board of Directors while forming various committees took into consideration the standards of corporate governance. However, the corporate governance report was already presented to the shareholders for the year 2018.

Finally, on behalf of myself and the Board of Directors, I would like to extend my thanks and gratitude to all our clients and partners for their trust in us and also to all those who contributed in supporting and realizing the objectives of the company.

Petrus Jacobus Weideman
Chief Executive Officer & Managing Director
ANGEL CAPITAL 24 PTY LTD