mM
mezodwa M

1 reviews | Active since Jan 2017

06 Dec 2021, 12:21

Sabzenzele kabili promises are a farce

When sabzenzele scheme was supposed to be wind up sab gave us part of the money and retain the rest of the money .A new scheme sabzenzele kabili was supposed to be launched. Ww were promised free and vendor funded shares if we invest in the new scheme .I had more than R121 800 in the old scheme they bought me 3045 shares @R40 in the kabili refunded me less than R10 .I sold the 3045 shares now Lucy Mo***eng and Duncan Pask say I no longer have share .when I asked about the free and vendor funded shares shares breakdown they reffer me to a call centre no*** where they dont pick up the calls.

0
Replies (9)
Investec
Investec's reply06 Dec 2021, 12:48
Official
Hi Ntombizodwa, I am so sorry to hear about your experience.  
I’m afraid we are unable to assist as Investec is no longer involved in the administration of Share Schemes. The administration of your share plan was moved to the JSE on 1 September 2021. You’ll need to contact the JSE Investor Services directly to get your query resolved. Please contact them via The JSE Group's Facebook page or via their email address ***


You can read more about this here https://www.jse.co.za/news/market-news/jseinvestec-share-plan-deal-closes  
mM
mezodwa M's update06 Dec 2021, 14:14
Reviewer Update
Investec you were a broker who bought us sabzenzele kabili shares in May so you should have information on the allocation of free and vendor funded shares.I have been sending numerous e-mails to the e-mail you provided 2 months down the line no response.Sab keep on referring us to your call centre for answers .
Investec
Investec's reply06 Dec 2021, 14:40
Official
Please contact them via The JSE Group's Facebook page or via their email address ***.
mM
mezodwa M's update08 Dec 2021, 13:32
Reviewer Update
I have contacted the JSE , they are reffering me to computershare, the same computershare who reffered me to investec in October when I enquire with them .Cant investec e-mail people whom they handed the files to and come back to me with solid information as now I'm being tossed around and seems more to me that the promise of free and vendor funded shares was a ****.
Investec
Investec's reply08 Dec 2021, 14:37
Official
I am afraid we are no longer able to assist. Please can you send your query to the email address we had sent you. I do apologise for any inconvenience that has been caused.
mM
mezodwa M's update08 Dec 2021, 15:03
Reviewer Update
I have done so and they responded.
Investec
Investec's reply08 Dec 2021, 15:54
Official
I am glad to hear that they have responded.
mM
mezodwa M's update08 Dec 2021, 16:48
Reviewer Update
Yes they have check my previous reply , they are distancing themselves from what you said.
Investec
Investec's reply08 Dec 2021, 17:58
Official
As mentioned before we cannot assist further as we no longer administer share schemes