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VOASA News Release. Golf and Leisure Joint Ownership Pty LtdDate: 15/12/2010
Article source: VOASA
News Release: Golf and Leisure Joint Ownership (Pty) Ltd, Formerly trading as Seeff Fractional Ownership
The Vacation Ownership Association of Southern Africa (“VOASA”) hereby advises that we are aware of an investigation into certain business irregularities pertaining to Golf and Leisure Joint Ownership (Pty) Ltd formerly trading as Seeff Fractional Ownership.
VOASA has formulated a task team to investigate these issues in an attempt to ascertain what degree, if any consumers and/or investors would be affected. With immediate effect, Mr H. Greyling, CEO of Golf and Leisure Joint Ownership (Pty) Ltd has submitted his resignation as a co-opted board member in respect of VOASA. Mr. Greyling was co-opted onto the VOASA board to encourage fractional developer to join the association, and in so doing ensure compliance with current legislation relating to the accommodation scheme.
The association, “VOASA” will release more information once their initial investigation has been completed.
For more information contact:
Mr Alex Bosch, Executive Director of VOASA
Tel: 021 914 9693
Fax: 021 914 5202