JASCO ELECTRONICS HOLDINGS LIMITED - Withdrawal of cautionary announcement - Disposal of M-TEC
JSC 201312200041A
Withdrawal of cautionary announcement - Disposal of M-TEC
JASCO ELECTRONICS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number 1987/003293/06
Share Code: JSC & ISIN: ZAE000003794
("Jasco" or "the Company" or “the Group”)
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT – DISPOSAL OF M-TEC
Shareholders are referred to the cautionary announcement published 30 August 2013 and the subsequent renewal
of cautionary announcement published 14 October and 25 November 2013.
Shareholders are hereby advised that the Company’s discussions with Taihan Electric Wire Co. Limited of Korea,
(“Taihan”), the other shareholder in Malesela Taihan Electric Cable (Proprietary) Limited (“M-TEC”) regarding a
process for the disinvestment by Jasco of its interest in M-TEC, have been delayed due to unexpected executive
management changes at Taihan.
Accordingly, shareholders are advised that caution is no longer required to be exercised by shareholders when
dealing in the Company’s securities and the cautionary announcement is hereby withdrawn. Furthermore
shareholders will be advised as the position develops.
Johannesburg
20 December 2013
Sponsor
Grindrod Bank Limited
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