Amlac Limited - Liquidation of Amlac
Amlac Limited
Incorporated in the Republic of South Africa)
(Registration No 1995/008727/06)
("Amlac")
JSE Code: ALC
ISIN No: ZAE0000111821
The Provisional Liquidators of Amlac advise as follows:
Amlac was liquidated in terms of a Final Order granted in the High Court of
South Africa (Witwatersrand Local Division) on 2003.10.07, upon the application
of the major shareholder and creditor, the Et Cetera Trust.
The Master of the High Court has appointed the following Provisional
Liquidators:
M Schmidt - Resolution Trust Company (Pty) Limited, P O Box 2190, Johannesburg,
2000. Tel: (011) 618-3664
B J J Bezuidenhout - Coopers Trust (Pty) Limited, P O Box 411529, Craighall,
2024.
Ms G Van Tonder - LCM Trustees, P O Box 11343, Hatfield, 0028
The Provisional Liquidators have conducted preliminary investigations from which
it would seem that the Company"s liabilities exceed its assets, and accordingly
it would appear that the Company"s share capital has been lost. Based on such
investigations, there is therefore little likelihood of shareholders receiving
any recovery in respect of their shares.
More detailed investigations are being conducted, and a comprehensive report
will be available thereafter.
Johannesburg
31 October 2003
Date: 31/10/2003 12:30:02 PM Supplied by www.sharenet.co.za
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