IN02-Auditor Change
INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA (“IDC”)
REGISTRATION NUMBER: 1940/014201/06
Issuer Code: IN02
NOTIFICATION OF CHANGE IN AUDITOR
Pursuant to the open tender procurement process to appoint external
auditors and in compliance with the provision of paragraph 7.10 of the
JSE Debt Listings Requirements, noteholders are advised that the IDC
embarked on an open tender process in September 2019 due to the expiry
of the appointment term for its joint auditors, SizweNtsalubaGobodo
Grant Thornton Inc. and Ngubane and Company (JHB) Inc.
The open tender process has since been concluded and the IDC hereby
wish to inform you that it’s external joint auditors are now
SizweNtsalubaGobodo Grant Thornton Inc. (incumbent auditor) and SAB&T
Chartered Accountants Incorporated t/a Nexia SAB&T (new joint auditor).
Both audit firms are accredited in accordance with the JSE Debt
Listings Requirements.
Sandton
Debt Sponsor: The Standard Bank of South Africa Limited
20 APRIL 2020
Date: 20-04-2020 03:55:00
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