BRIEF- Acucap Properties proposes replacement of link unit capital structure

JOHANNESBURG, March 27 Thu Mar 27, 2014 1:15am EDT

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JOHANNESBURG, March 27 (Reuters) - Acucap Properties Ltd : * JSE: ACP - proposed restructure and adoption of a new memorandum of incorporation * Proposing that Acucap's current linked unit capital structure be replaced with a pure equity, share-only structure