IFH - IFA Hotels & Resorts Limited - IFA change in year end to December
IFH
IFH
IFH - IFA Hotels & Resorts Limited - IFA change in year end to December
IFA Hotels & Resorts Limited
Registration number 1919/001318/06
Share code: IFH
ISIN: ZAE000075669
("IFA" or "the company)
IFA CHANGE IN YEAR END TO DECEMBER
Shareholders are hereby notified that the Board of IFA has approved the change
in financial year-end for IFA from 30 June to 31 December.
Approval has been obtained from the South African Revenue Services and the
Companies and Intellectual Property Commission (previously Companies and
Intellectual Property Registration Office).
The primary motivating factor which was considered by the Board to effect the
change was to align IFA`s year-end with that of its majority shareholder, IFA
Hotels & Resorts KSCC, who also changed its year-end to December in line with
its Kuwaiti holding company. This change will result in a saving of audit and
administration costs for IFA.
The change in year-end means that IFA will report, as a second set of interim
results, reviewed results for the 12 months to 30 June 2011, and audited results
for the 18 months to 31 December 2011.
Zimbali
30 May 2011
Sponsor
QuestCo Sponsors (Proprietary) Limited
Date: 30/05/2011 09:48:01 Produced by the JSE SENS Department.
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