Barloworld Limited - Chairman's Statement And Spec
General Meeting of Barloworld Limited.
Barloworld Limited
(Reg no. 1918/000095/06)
JSE code : BAW
ISIN code: ZAE000026639
Chairman's statement and special resolution at Annual General Meeting of
Barloworld Limited.
Speaking at the Annual General Meeting of Barloworld Limited held in
Sandton, South Africa today, Chairman Warren Clewlow said:
"The uncertainty in the prospects for the US economy and its consequent
impact on the global economy continues to make predictions difficult for the
current year.
The group is currently trading at planned levels and we continue to take
measures in order to permanently reduce the cost of doing business whilst
assessing new opportunities for investment and expansion. Thus we remain
cautiously optimistic in our outlook for the full year".
The meeting unanimously approved the special resolutions to continue with
the company's share buyback programme as contemplated in item 5 of the
notice of Annual General Meeting.
Issued: 28 January 2002
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
