Dear Creditors,

Welcome to Summit Trust.

Kindly be advised that Jochen Eckhoff and Simbarashe Makamure will be attending to the liquidation of First Capital Asset Management Holdings (Pty) Ltd (In Liquidation) “First Capital Asset Management Holdings”. Furthermore, all communications regarding this estate (progress reports, creditor reports, meeting of creditors etc.) will be done via this online estate profile, the Government Gazette and one or more newspapers circulating in the district in which the company was registered or had its main place of business. If you register to this online estate profile you will receive notifications, via email, every time it is updated. In this regard, we kindly request that you familiarize yourself with our disclaimer available at the bottom of the webpage.

Kindly be advised that First Capital Asset Management Holdings was voluntary liquidated by the Directors and Members of the company via the CIPC in terms of section 352(2) of the Companies Act 61 of 1973 on 4 September 2023. Furthermore, The Master of the High Court, Cape Town “The Master” appointed Jochen Eckhoff (Summit Trust) and Simbarashe Makamure as Provisional Liquidators of First Capital Asset Management Holdings on 29 September 2023. It is the duty of the Provisional Liquidators to take control of the company’s assets and not to report on the company’s affairs. The Liquidators will submit a formal report at the second meeting of creditors and contributories in terms of section 402 of the Companies Act No. 61 of 1973.

Kindly download the claim form which you will see on the right-hand side of your screen. The claim must be completed, signed, commissioned and supported with documents proving your claim. If the claim is in your personal capacity, then you must complete the power of attorney for a representative, who will prove your claim at the creditors meeting, but if First Capital Asset Management Holdings owes a company money which you represent then both the company resolutions and the power of attorney, attached to the claim, must be completed. If goods were sold and delivered to First Capital Asset Management Holdings on an open account then a statement must be submitted in support of the claim showing the monthly total and a brief description of the purchases and payments for the full period of trading or for the period of 12 months immediately before the date of liquidation, 4 September 2023, whichever is the lesser.

The claim must be emailed to our offices, madison@summittrust.co.za, within 14 days from 3 October 2023. If the claim is correct, we will advise you to deliver or courier the original claim to our offices: Summit Trust, 2nd Floor, 155 Loop Street, Cape Town.

The first meeting of creditors and members was successfully held and closed on 28 February 2024 at the Stellenbosch Magistrate’s Court at 10H00. The Liquidators shall, within three months, convene the second meeting of creditors and contributories. The purpose of the second meeting of creditors and contributories is to prove additional claims against the estate, adopt resolutions and to table a formal report to creditors and contributories. The time, date and place of the second meeting of creditors and contributories will be made available on this website.

The second meeting of creditors and contributories was held at Stellenbosch Magistrate’s Court on 17 April 2024 at 10H00.

The second meeting of creditors and contributories was successfully held and closed. The Liquidators will now proceed to wind-up the company in accordance with their report and resolutions adopted at the second meeting of creditors and contributories. The first Liquidation and Distribution account will be submitted by 19 September 2024.