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PNG
PNG
PNG - Pinnacle Point Group Limited - Notice of Winding-Up Order
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")
NOTICE OF WINDING-UP ORDER
Further to the SENS announcement dated 26 September 2011, shareholders are
advised of the following:
IN THE HIGH COURT OF SOUTH AFRICA
(WESTERN CAPE HIGH COURT, CAPE TOWN)
CASE NO: 192383/11
In the matter of:
MICHAEL JOHN LANE Business Rescue
Practitioner
In re: the matter between
CAPE POINT VINEYARDS (PTY) LTD Applicant
and
PINNACLE POINT GROUP LIMITED First Respondent
(Registration number: 2000/000059/06)
THE COMPANIES AND INTELLECTUAL PROPERTY COMMISSION Second Respondent
and in the matter between:
ATVANTAGE PROJECT MANAGERS (PTY) LTD Intervening Party
(Registration number: 2001/018653/07)
and
CAPE POINT VINEYARDS (PTY) LTD Applicant
and
PINNACLE POINT GROUP LIMITED Respondent
(Registration number: 2000/000059/06)
Having heard Counsel for the Business Rescue Practitioner, the Applicant and the
Intervening Party, it is ordered by agreement:
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.
2 That the business rescue proceedings of the Company are converted to
liquidation proceedings in terms of Section 132(2)(a)(ii) of the Act.
3 That a rule nisi be issued calling upon any interested party to appear and
to show cause, if any, to this Honourable Court on FRIDAY, 4 NOVEMBER 2011
at 10h00 or as soon thereafter as counsel may be heard as to:
3.1 Why the Company should not be placed under final liquidation; and
3.2 Why the costs of this application should not be costs in the winding-up.
TAKE NOTICE that you may obtain copies of the winding-up application from 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 winding-up order.
Johannesburg
6 October 2011
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 06/10/2011 17:10:02 Produced by the JSE SENS Department.
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