Beige Holdings issues cautionary
AltX-listed contract manufacturer and distributor of cosmetics, soaps, household products and toiletries, Beige Holdings on Wednesday advised shareholders to exercise caution when dealing in the company's securities.
"There are discussions underway which could have an effect on Beige and the price at which its securities trade," it said.
Last month the group said it had acquired a 50% shareholding in Botswana-based Kgalagadi Soap Industries for an undisclosed amount. The acquisition was in line with Beige's strategy to increase its footprint in Africa.