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Mutual & Federal shareholders are notified that the Scheme has been approved by the requisite majority of shareholders

24 November 2009 | Company News & Results | Old Mutual Insure (was Mutual & Federal) | Mutual & Federal

Mutual & Federal shareholders are hereby notified that the Scheme has been approved by the requisite majority of shareholders. This announcement contains the results of the general

meeting of the shareholders of Mutual & Federal ("the General Meeting") and the Scheme meeting of the Scheme members ("the Scheme Meeting"), both held on Monday, 23 November 2009.

http://www.mf.co.za/FinancialInformation/News/Documents/ProjectMerlin_SENS(23112009).pdf

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The FSCA remains adamant that the multi-year delay in enacting the COFI Bill will not derail its regulatory strategy. How do you feel about the long wait?

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