| Tue 20 May 2008, 12:27 | | AEC - Anbeeco Investment Holdings Limited - Tradin |
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AEC
AEC
AEC - Anbeeco Investment Holdings Limited - Trading Statement
ANBEECO INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1984/002788/06)
Share code: AEC & ISIN code: ZAE000000162
("Anbeeco" or "the company")
TRADING STATEMENT
Anbeeco shareholders are advised that the consolidated group financial results
of Anbeeco for the 12 month financial period ended 29 February 2008, will
reflect as regards both earnings and headline earnings per share, a change
from a loss of 8,2 cents per share to a loss of 12,0 cents per share, and, as
regards net asset value per share and net tangible asset value per share, in
both instances a change from a negative 9,9 cents per share to a negative 21,9
cents per share, compared to the results for the previous period ended 28
February 2007.
The financial information on which this trading statement is based is
currently being audited. It is expected that the interim financial report of
Anbeeco, in respect of the 12 months financial period ended 29 February 2008,
will be available for inspection at the offices of the company at 19th floor,
Sandton City Office Tower, corner Rivonia Road and Fifth Street, Sandton, from
Wednesday, 28 May 2008. On the same day, the corresponding abridged results
will be announced on Sens and posted to shareholders.
Anbeeco shareholders are further advised that Anbeeco has obtained a positive
recommendation from the AltX Advisory Committee to proceed with the reverse
take-over listing pursuant to the acquisition of A Million Up Investments 105
(Proprietary) Limited and that the company is working towards finalisation and
approval of the relevant circulars to shareholders.
Johannesburg
20 May 2008
Sponsor
Merchant Sponsors (Proprietary) Limited
Date: 20/05/2008 12:27:01 Produced by the JSE SENS Department.
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