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APPROVAL GIVEN FOR GOLD REEF MERGER

Approval given for Gold Reef merger GAMBLING I Gold Reef Resorts and Hosken Consolidated Investments (HCI) announced on Friday that the proposed merger between Gold Reef and Tsogo Sun Holdings has received regulatory approval from the Mpumalanga Gambling Board and the Western Cape Gambling and Racing Bard. HCI has a 51% interest in Tsogo. The Gauteng Gambling Board and the KwaZulu-Natal Gambling Board granted approval on November 15

Source: Business Day – INet Bridge