Furniture Mart 'unbundles' to form new entity

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BSE-listed furniture, appliances and home-ware retailer, Furniture Mart Limited, seeks to restructure its group holdings by separating its Botswana trading operations and transferring them to a distinct entity, Bonus Stores Limited.

Bonus Stores is a wholly-owned Botswana subsidiary of the group and has been dormant since its registration. 

But in a circular to shareholders on Tuesday, the directors of Furniture Mart said it is intended that Bonus Stores will also change its name.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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