Zimplow Signals Potential Asset Disposal

ZimNow Reporte

Zimplow Holdings Limited, a Victoria Falls Stock Exchange listed group involved in industrial engineering and after-sales service of equipment, says it is planning to dispose of one of its assets in a potential transaction that could affect the company’s share price, prompting the board to issue a cautionary statement to shareholders.

In a notice dated 13 August 2025, Group Company Secretary Sharon Manangazira said the transaction, if successfully concluded, could have an impact on the price of the company’s shares.

The company indicated that further details will be provided in due course, urging shareholders to exercise caution and seek professional advice before trading in Zimplow shares.

"Shareholders will be provided with further details concerning the transaction in due course. Accordingly, shareholders are advised to exercise caution and should consult their professional advisors before dealing in the shares of the Company," Manangazira stated.

Zimplow Holdings, headquartered in Msasa, Harare, is the parent company of several brands including Farmec, Mealie Brand, Tassburg, Powermec, C.T. Bolts, Scanlink, and Treger Products Zimbabwe.