To this end, the Company has on 17 October 2022 entered into a term sheet with ICAM.
The fund will be incorporated as a Variable Capital Company (VCC) with a nominal capital which will be held by EKI and ICAM in the ratio of 51:49. As a shareholder of the fund vehicle, EKI will have no interest in the property of the fund, except to the extent of aforementioned contribution proposed to be made to the schemes of the fund.
