Cream Magenta 140 Proprietary Limited and Metcap 14 Proprietary Limited acquired an unknown minority stake in Trans Hex Group Limited (JSE:TSX) from m Cubed Asset Management (Pty) Limited on August 8, 2016. Under the terms, these shares were acquired from MCubed Holdings Limited at ZAR 3.75 per share. In related transaction, Cream Magenta 140 Proprietary Limited and Metcap 14 Proprietary Limited acquired an unknown minority stake in Trans Hex Group Limited (JSE:TSX) from Business Ventures Investments No 1952 Proprietary Limited. Post these transaction, both the companies hold 23.5% stake individually and a total of 47,08% of Trans Hex. The transaction is subject to antitrust approval. As of October 25, 2016, the transaction received approval by the South African Competition Commission. Cream Magenta 140 Proprietary Limited and Metcap 14 Proprietary Limited completed the acquisition of an unknown minority stake in Trans Hex Group Limited (JSE:TSX) from m Cubed Asset Management (Pty) Limited on August 8, 2016.