MRB
MRB
Moribo Leisure Limited - Trading update
Moribo Leisure Limited
(to be renamed IFA Hotels & Resorts Limited)
(Registration number 1919/001318/06)
Share code: MRB
ISIN: ZAE000014023
("IFA" or "the company")
Trading update
Based on the assumption that the acquisition by the company of IFA Zimbali Lodge
(Pty) Limited and IFA Hotels & Resorts (South Africa) (Pty) Limited as a reverse
take-over, as described in the circular to shareholders dated 22 December 2005
("the circular"), had been implemented, the consolidated headline earnings and
earnings of the company for the six months ended 31 December 2005 are expected
to be between R19 million and R20 million
The consolidated headline earnings and earnings per share of the company are
thus expected to exceed the pro forma consolidated headline earnings and
earnings per share of the company, as presented in the circular, for the
previous six month period ended 30 June 2005 by between 54% and 63%.
This trading statement is issued in compliance with the JSE Limited"s Listings
Requirements. The above information has not been reviewed or reported on by the
company"s auditors.
22 February 2006
Zimbali
Sponsor: QuestCo (Pty) Ltd
Date: 23/02/2006 08:18:16 AM Produced by the JSE SENS Department
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