SAKUNDA ACQUIRED BY SINGAPORE GIANT, CHANGES NAME

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SAKUNDA ACQUIRED BY SINGAPORE GIANT, CHANGES NAME | Sakunda Private Limited — a fully-integrated energy supplier that has grown to be the biggest fuel trader with stocks in excess of 200 million litres — is changing its name to Trafigura Zimbabwe.

SAKUNDA ACQUIRED BY SINGAPORE GIANT, CHANGES NAME

The Trafigura name comes from the Singaporean multinational commodity trading giant’s nomenclature and captures the new shareholding structure.Sakunda has since applied to the Registrar of Companies to obtain approval for the name change.

The Singaporean multinational commodity trading company acquired a stake in the Zimbabwe crude oil marketing firm after procuring Sakunda via Puma Energy where it has a 48,79 percent stake.

“Notice is hereby given in terms of section 25 of the Companies Act that application will be made not less than 14 days from the date of publication of this notice, to the Chief Registrar of Companies for his approval to change the names of the under mentioned companies as indicated below. Sakunda Supplies (Private) Limited, change name to, Trafigura Zimbabwe (Private) Limited,” the government gazette reads.