Afribrand Holdings Limited - Suspension Of Listing
AFRIBRAND HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/008992/06)
("Afribrand" or "the company" or "the group")
Share code : ABR
ISIN code : ZAE 000012969
Suspension of listing and application for the liquidation of
the group
Further to the announcement dated 14 December 2001, the Board of Directors
of Afribrand has been unsuccessful in its attempts to recapitalise the
group. In addition, the Board has been advised that negotiations between its
bankers and a third party have not been concluded. As a result of this, the
Board will be applying for the group to be put into liquidation.
Shareholders are advised that the trading in Afribrand shares on the JSE
Securities Exchange South Africa has been suspended, at the resquest of the
directors, with immediate effect.
Further information will be provided to shareholders in due course.
Johannesburg
24 January 2002
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