Omega Alpha International It Holdings Limited - Re
& CAUTIONARY ANNOUNCEMENT
OMEGA ALPHA INTERNATIONAL IT HOLDINGS LIMITED
Whistler Lambda Sponsor Services (Pty) Ltd, is authorised to announce that
at a board meeting of Wednesday 17 July 2001, the following resolutions were
accepted.
RESIGNATION OF CHIEF EXECUTIVE OFFICER
Dr J T Flanagan resigned as the Chief Executive Officer of the company. He
remains a director of the company.
APPOINTMENT OF AN ACTING CHIEF EXECUTIVE OFFICER
Mr J J Griessel has been appointed Acting Chief Executive Officer, until a
permanent appointment is made.
RESTRUCTURING OF THE GROUP
The Group is at present engaged in initiatives aimed at restructuring the
Group. Further details in this regard will be released in due course.
CAUTIONARY ANNOUNCEMENT
Shareholders are advised to exercise caution in dealing in their OAI
equities until a further announcement is made.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
