WHAT DO YOU GET?
- Immediate tax saving of up to 45%
- Dividend flows
- High capital growth
The investor is offered an opportunity to invest a minimum amount of R1 000 000 in HCF through Anuva Investments. The investment is by way of subscription for ordinary Class “J”, no par value shares at a price of R100,000 each. The subscription period will end at the discretion of the directors, but no later than 31 August 2020.
WHAT IS 12J
Section 12J specifically aims to help the growth of small and medium sized businesses by increasing their access to equity finance. To attract investors into this typically under-funded sector, which is imperative for driving economic growth, SARS has written Section 12J into the Tax Act, which offers taxpayers a 100% deduction in the year of investment if they invest in SMME's by way of subscription of shares in a section 12J Venture Capital Company in South Africa.
Our ultimate goal is to grow our portfolio companies and create great businesses. We are in the business of using available opportunities to grow our portfolio companies and take them to the next level. Exit strategies will be considered that make sense for our investors to receive maximum returns, considering peak valuation timing. We aim to structure our businesses to ensure strong long-term dividend flows and viable exit strategies. We are aware that investors may want to exit after the five year commitment and we will therefore make provision to ensure adequate levels of liquidity to satisfy investors' financial requirements.
CLASSES OF SHARES
Ordinary Class 'J' shares 90% profit participating.