| Business Summary | | Silverstar
Holdings
Ltd.,
formerly
known
as
Leisureplanet
Holdings
Limited,
is
a
holding
company
that
seeks
to
acquire
controlling
stakes
in
Internet
and
technology
related
companies.
The
Company
owns
a
majority
interest
in
Leisureplanet.com.
Leisureplanet.com
is
a
provider
of
international
online
travel
services
for
leisure
travelers.
The
Company
is
also
the
parent
company
of
First
South
African
Holdings
(Pty.)
Ltd.,
which
maintains
a
majority
interest
in
First
Lifestyle
Holdings.
First
Lifestyle
Holdings
is
the
owner
of
the
companies
through
which
the
Company
conducts
its
lifestyle
products
business.
The
Company
is
also
the
largest
shareholder
in
Magnolia
Broadband
Wireless,
a
startup
company
that
is
developing
fixed
wireless
broadband
Internet
access
products.
The
Company
also
owns
a
majority
interest
in
Hotelsupplygroup.com,
a
startup
company
that
plans
to
provide
various
goods
and
services
to
hotels
worldwide. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Silverstar
Holdings
is
a
provider
of
international
online
travel
services
for
leisure
travelers
and
is
a
provider
of
lifestyle
products,
including
specialty
foods
and
a
variety
of
indoor
and
outdoor
consumer
products.
For
the
nine
months
ended
3/31/01,
revenue
totaled
$512
thousand,
up
from
$0.
Net
loss
from
continuing
operations
before
extraordinary
item
rose
56%
to
$3.8
million.
Results
reflect
initial
revenues
from
Fantasy
Sports,
offset
by
increased
equity
losses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Michael Levy, 54 Chairman
of Directors | -- | Clive Kabatznik, 44 Pres,
Vice Chairman, CEO, Chief Financial Officer | $230K | Cornelius Roodt, 41 Director;
Managing Director and CFO of FSAH | 150K | Mark Korb, 32 CFO
of First South African Holdings (Pty.) Ltd. | -- | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|