The Board of CIM Financial Services Ltd ('CFSL') is pleased to announce that following regulatory approval obtained, CFSL has made a minority investment into Fundkiss Technologies Limited ('Fundkiss'). As part of this transaction, CFSL will also finance SME projects on fundkiss.mu giving CFSL the opportunity to lend to more SMEs and expand its reach.
This strategic investment will support Fundkiss in its mission to simplify financing to SMEs and to strengthen its operational capabilities.
This transaction is not a Notifiable Transaction under Chapter 13 of the Listing Rules of the Stock Exchange of Mauritius Ltd.
By order of the Board
Cim Administrators Ltd
2 December 2021
This communiqué is issued pursuant to Listing Rule 11.3 and Rule 5 of the Securities (Disclosure Obligations of Reporting Issuer) Rules 2007.
The Board of Directors of CIM Financial Services Ltd accepts full responsibility for the accuracy of the information contained in this communiqué.