Business Times

Capicol and Sharemax part company

12 September 2010 - 02:00 By Thekiso Anthony Lefifi
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Property developer Capicol has parted ways with controversial syndication company Sharemax - just days after it had accused Sharemax of breach of contract.

Capicol reportedly also claims that Sharemax owes it R526-million.

Capicol told its investors this week that they could "breathe a sigh of relief" that their investment "was no longer hanging in the balance".

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