WATCH: Omnia offloads stake in Umongo Petroleum

2021-10-22 07:03:00 PM

Business Day TV spoke to Omnia CEO Seelan Gobalsamy about selling the company’s 90% stake in Umongo Petroleum

Picture: SUNDAY TIMESOmnia has agreed to sell its 90% stake in Umongo Petroleum for R1bn.The chemicals, fertiliser and explosives group says the proceeds will be used to pursue growth opportunities or return cash to shareholders. Read more: Business Day »

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WATCH: Omnia offloads stake in Umongo PetroleumBusiness Day TV spoke to Omnia CEO Seelan Gobalsamy about selling the company’s 90% stake in Umongo Petroleum I was impressed by the professionalism of Mr Dereck0111 From the moment of my first free consultation,to the moment I got my profit,he's trustworthy,reliable and understanding... Dereck0111

Omnia to add to cash pile with R1bn sale of Umongo Petroleum stakeThe group, which had net cash of R1.8bn at the end of March, will be selling 90% of its stake in the lubricants and oils business I was introduced into his platform by a friend I met online Dennismayson9. I thought it was a scam company as well.... But I was moved to try once again with Dennismayson9 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.

Omnia to add to cash pile with R1bn sale of Umongo Petroleum stakeThe group, which had net cash of R1.8bn at the end of March, will be selling 90% of its stake in the lubricants and oils business

WATCH: Omnia offloads stake in Umongo PetroleumBusiness Day TV spoke to Omnia CEO Seelan Gobalsamy about selling the company’s 90% stake in Umongo Petroleum I was impressed by the professionalism of Mr Dereck0111 From the moment of my first free consultation,to the moment I got my profit,he's trustworthy,reliable and understanding... Dereck0111

Omnia to add to cash pile with R1bn sale of Umongo Petroleum stakeThe group, which had net cash of R1.8bn at the end of March, will be selling 90% of its stake in the lubricants and oils business I was introduced into his platform by a friend I met online Dennismayson9. I thought it was a scam company as well.... But I was moved to try once again with Dennismayson9 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.

Omnia to add to cash pile with R1bn sale of Umongo Petroleum stakeThe group, which had net cash of R1.8bn at the end of March, will be selling 90% of its stake in the lubricants and oils business