Your wish is my com­mand

Finweek English Edition - - COMPANIES&MARKETS -

CAPE EM­POW­ER­MENT (CAP) is fi­nally flex­ing its mus­cles at se­cu­rity group Com­mand Hold­ings – cur­rently sus­pended on the JSE. has been asked to host a share­hold­ers’ meet­ing aimed at re­mov­ing four direc­tors and ap­point­ing four new ones – in­clud­ing CAP’s Jeremy de Vil­liers and Theodore Rai (the brother of CAP prime mover Shaun Rai). Such a com­pre­hen­sive board shakeup – the ra­tio­nale of which is hope­fully out­lined in some de­tail in a cir­cu­lar – will need care­ful mulling.

But many Com­mand share­hold­ers are hacked off at Com­mand’s

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