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PNG
PNG
PNG - Pinnacle Point - Business Rescue Application
PINNACLE POINT GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 2000/000059/06)
JSE Share code: PNG
NSE Share code: PNG
ISIN: ZAE000127122
("Pinnacle Point" or the "Company")
BUSINESS RESCUE APPLICATION
NOTICE is hereby given to all shareholders of Pinnacle Point Group Ltd of a
business rescue application in terms of Section 131 of the Companies Act, 71 of
2008 ("the Act").
1. Shareholders of Pinnacle Point Group Ltd are hereby notified that an
application will be heard in the Cape High Court on WEDNESDAY 27 JULY 2011
at 10h00 or so soon thereafter as counsel may be heard, which application
is being brought by Cape Point Vineyards (Pty) Ltd under case number
12746/2011, wherein the following order will be sought:
1.1 That the Applicant`s non-compliance with the forms and service
provided for in Rule 6 of the Uniform Rules of Court be condoned and
that this matter be heard as one of urgency in terms of Rule 6(12)
thereof.
1.2. Confirming that the Respondent entered business rescue proceedings on
the date upon which the application was issued (being 27 June 2011).
1.3 Placing the Respondent under the supervision and commencing business
rescue proceedings in terms of the Act.
1.4 Appointing Mr Michael John Lane as an interim Business Rescue
Practitioner ("the Practitioner").
1.5 Directing the Respondent to notify each affected person of this order
within 5 (five) days of it being granted.
1.6 Further and/or alternative relief.
1.7 Costs of the application to be paid by the First Respondent and in the
event of it being opposed by such opposing party.
TAKE NOTICE that you may obtain copies of the business rescue application from
Mr S Kruger of Pinnacle Point Group, alternatively Mr C Assheton-Smith,
telephone number 021 - 417 3300 and e-mail cas@glynmarais.co.za or Mr A
Ginsberg, telephone number 021 - 417 3300 and e-mail aginsberg@glynmarais.co.za
of attorneys Glyn Marais Inc who are acting on behalf of the Applicant in the
business rescue application.
Johannesburg
19 July 2011
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 19/07/2011 16:28:38 Produced by the JSE SENS Department.
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