The Merchantec Capital valuations team has been approved as an independent professional expert by the JSE for valuations in all industries including specialised sectors as property, mining and insurance.
A fairness opinion is a report prepared by a JSE approved independent expert expressing an opinion on whether a transaction is fair/unfair to shareholders. This report is usually included in a circular issued to shareholders to assist shareholders in deciding whether or not to approve a transaction.
- Related party transactions;
- Where shares, options or convertible securities are issued to a related party at a discount;
- Where shares are purchased from a related party at a premium; and
- Delisting from the JSE.