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Groves Hospitality
Holdings Limited
A Section 12 J Venture Capital CompanyPRIVATE PLACEMENT MEMORANDUM
TAX YEAR 20152016To raise R50 million by way of an issue of
50 000 New No Par Value Ordinary
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What is grovest hospitality?
Grovest hospitality is a financial disclosure form that must be filed by certain government officials who receive gifts or payments from outside sources.
Who is required to file grovest hospitality?
Government officials, such as elected officials, public employees, and candidates for public office, are required to file grovest hospitality if they receive gifts or payments from outside sources.
How to fill out grovest hospitality?
Grovest hospitality can be filled out online or on a paper form, and the individual must disclose information about the gifts or payments received, the value of the gifts, and the source of the gifts.
What is the purpose of grovest hospitality?
The purpose of grovest hospitality is to promote transparency and integrity in government by requiring officials to disclose any potential conflicts of interest that may arise from receiving gifts or payments.
What information must be reported on grovest hospitality?
On grovest hospitality, officials must report the value of gifts or payments received, the source of the gifts, the date the gifts were received, and any relationships between the giver of the gift and the official.
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