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SYCOM PROPERTIES
Parkdev owns 50% of the asset management company of Sycom. Acucap is the other 50% shareholder. Sycom Property Fund (the Fund) is a closed end property unit trust (PUT) established in 1986. It is governed by the Collective Investment Schemes Control Act, 2002 and is listed on the JSE Securities Exchange South Africa (JSE). The Fund's earnings are distributed in full, free of tax and unit holders consequently pay tax according to their individual tax status. ![]()
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