Congella Federation Limited - Further Cautionary a
Congella Federation Limited - Further Cautionary announcement
Congella Federation Limited
(Incorporated in the Republic of South Africa)
Registration number 1947/025767/06
Ordinary Shares
Share Code: CNF
ISIN NO: ZAE000001624
Preference Shares
Share Code: CNFP
ISIN NO: ZAE000001632
("Confed" or "the Company")
Further Cautionary announcement
Further to the cautionary announcement made on 17 September 2002, ordinary
shareholders and preference shareholders are referred to the further cautionary
announcement made by Commercial Finance Company Limited ("CFC"), the controlling
shareholder of Confed, which appears elsewhere in this publication, informing
CFC shareholders that the company is still in the process of considering the
realisation of its assets in anticipation of a members` voluntary winding-up of
CFC ("the proposed asset realisation of CFC"). If the proposed asset
realisation of CFC is successfully implemented, it may have a material effect on
the price at which Confed`s ordinary shares and preference shares trade on the
JSE Securities Exchange, South Africa.
Accordingly, ordinary shareholders and preference shareholders are advised to
continue to exercise caution when dealing in the Company`s securities until a
detailed announcement is made.
Durban
30 October 2002
Corporate advisor to Legal advisor to Sponsor to Confed
Confed Confed
BoE Securities (Pty)
BoE Merchant Bank,a Cox Yeats Limited
division of BoE Bank Attorneys (Member of the JSE
Limited Securities Exchange
SA)
Date: 30/10/2002 04:41:00 PM Produced by the JSE SENS Department
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