Sweets From Heaven Holdings Limited - Results Of S
SWEETS FROM HEAVEN HOLDINGS LIMITED ("SFH")
(Incorporated in the Republic of South Africa)
JSE code: HVN ISIN: ZAE000011045
(Registration number 1995/004137/06)
("SFH" or "the company")
RESULTS OF SCHEME MEETING
Further to the announcement dated 10 April 2003, SFH shareholders are advised
that the scheme of arrangement proposed by Laurence Davidoff in terms of Section
311 of the Companies Act, 1973 (Act 61 of 1973), as amended ("the scheme"),
between SFH and its shareholders was approved, without modification, by the
requisite majority of scheme members, at the scheme meeting held on Monday,
5 May 2003.
Application will be made to the High Court of South Africa (Witwatersrand Local
Division) ("the Court") to sanction the scheme on Tuesday, 13 May 2003 at 10:00
or as soon thereafter as Counsel may be heard. If the scheme is sanctioned by
the Court the only remaining condition precedent for implementation of the
scheme will be the registration of the Order of Court sanctioning the scheme by
the Registrar of Companies.
A further announcement regarding the outcome of the application to the Court
will be published on or about Wednesday, 14 May 2003. The salient dates and
times as set out in the announcement of 10 April 2003 remain unchanged.
Johannesburg
5 May 2003
Transaction sponsor Attorneys
GRANT THORNTON KESSEL FLUXMANS INC.
FEINSTEIN CORPORATE
SPONSORS (PROPRIETARY)
LIMITED
Reporting accountants and Independent adviser
auditors
HORWATH LEVETON BONER GRANT THORNTON KESSEL
FEINSTEIN CORPORATE FINANCE
(PROPRIETARY) LIMITED
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