Letter of Intent
Currently I, Morne Niemand am the sole Director of CIB.
I have more than 12 years’ experience as a Civil Foreman, Site Manager, Civil Construction, including Project Management & 16 years Retail Management.
I am the founder of Complete IT Builders (PTY) Ltd during 2015.
To start up the business and to expand and to grow, I need BEE partner/partners as per legal requirements.
It is now my intent to incorporate additional female directors on board as Nett Profit Share Holders on the following basis:
• 10% - Shareholders (50% Shares Available)
Initial Directors fee of R 30 000.00 per additional 10% Director is payable on acceptance to the founder of Complete IT Builders (PTY) Ltd.
The following legal administrative functions needs to be drafted, finalised and in place before any tenders could be submitted:
• Re-Registration with CIPC including additional Directors:
- SARS Business Tax
• SARS Business VAT
• Registration of BEE status
• Registration on CIBD (Construction Industry Development Board)
Financial year-end will be at the end of February of each continues year.
Nett profit share will be paid out after financial year-end of each year after finalisation of financial auditing.
Cell: +27 72 745 4948
Fax: +27 86 667 2739
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