Capicol and Sharemax part company
12 September 2010 - 02:00
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".