investing in
quality assets
quality assets
SunWest International
GPIs effective stake: 33,52%
SunWest owns 100% of the GrandWest and Table Bay operations and has a 24,75% stake in the Cape Town International Convention Centre (CTICC). GPI holds just over 50% of the voting rights in SunWest and has an effective economic stake of 33,52%, if its indirect shareholding through its investment in RAH, is taken into account. GPI is well represented on the board of SunWest and has the right to appoint six directors to the board, with Sun International having the right to appoint five directors.