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In 2007, Gold Circle's net income was R303-million. Despite this, the profit attributable to Gold Circle for 2008 was a mere R3.1-million compared with R9.6-million in 2007.
The lessee, Gold Circle (Pty) Ltd, will remain the same, with only a change in its shareholding. This represents a change of control in the lessee's shareholder, not a change of the lessee itself.
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