Paradigm - Withdrawal Of Application For Liquidati
PARADIGM CAPITAL HOLDINGS LIMITED
(Registration number 1997/012038/06)
(Incorporated in the Republic of South Africa)
("Paradigm") or ("the company")
WITHDRAWAL OF APPLICATIONS FOR THE LIQUIDATION OF PARADIGM CAPITAL HOLDINGS
LIMITED ("PARADIGM") SUBSIDIARIES
Shareholders are referred to the cautionary announcement dated 23 February 2001
wherein it was announced that applications for the liquidation of Paradigm and
certain of its subsidiaries were launched by interests representing its former
directors.
As was announced on 28 February 2001 the application for the liquidation of
Paradigm was dismissed with costs.
Sasfin is authorised to announce that two applications for the liquidation of
Paradigm subsidiaries have now been withdrawn. As a result only one
liquidation application, being in respect of a Paradigm subsidiary, remains to
be heard.
Cape Town
5 March 2000
Sponsor
SASFIN BANK LIMITED
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