The JSE Securities Exchange South Africa - Adverse Audit Opinion And Qualified
Audit Opinion On Annual Financial Statements
The JSE Securities Exchange South Africa
ADVERSE AUDIT OPINION AND QUALIFIED AUDIT OPINION ON ANNUAL FINANCIAL STATEMENTS
PACIFIC HOLDINGS LIMITED (PACHOLD)
(ALPHA CODE: PAC ISIN: ZAE000027462)
The JSE Securities Exchange South Africa (the JSE) wishes to advise that the
audit opinion on Pacholds annual financial statements for the year ended 30
June 2003 contains both an adverse and qualified audit opinion. Shareholders
are advised to refer to the annual financial statements to ascertain the exact
nature of the adverse audit opinion and the qualification.
Accordingly, the companys listing on the JSE SETS system will continue to be
annotated with a Q to indicate the qualification. The companys listing will
also be annotated with an A to indicate the adverse audit opinion. These
annotations will be removed when the companys auditors report no longer
contain an adverse and a qualified audit opinion.
This announcement has been placed by the JSE in the interest of shareholders.
6 February 2004
Date: 06/02/2004 02:10:03 PM Produced by the JSE SENS Department
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