All Joy - Report To The Public Accountants And Aud
ALJ
ALJ
All Joy - Report To The Public Accountants" And Auditors" Board ("PAAB")
ALL JOY FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
JSE Share code: ALJ & ISIN: ZAE000017240
("All Joy" or "the Company")
Warning: The listing of ordinary shares in the company is on ALTx. Investors
are advised of the risks of investing in a company listed on ALTx. Investors are
advised that the JSE does not guarantee the viability or the success of a
company listed on ALTx. In terms of the Listings Requirements, the company is
obliged to appoint and retain a Designated Adviser, which is required to, inter
alia, attend all board meetings held by the company to ensure that all the
Listings Requirements and applicable regulations are complied with, approve the
Financial Director of the company and guide the company in a competent,
professional and impartial manner. If the company fails to retain a Designated
Adviser, it must make arrangements to appoint a new Designated Adviser within 10
business days, failing which the company faces suspension of trading of its
securities. If a Designated Adviser is not appointed within 30 days of its
suspension, the company faces the termination of its listing without the
prospect of an appropriate offer.
REPORT TO THE PUBLIC ACCOUNTANTS" AND AUDITORS" BOARD ("PAAB")
Shareholders are referred to the announcement dated 11 January 2006 in which it
was advised that the board of directors of All Joy ("the board") is
investigating why, as indicated by the forensic auditors, standard auditing
procedures did not prevent the accounting error as previously reported.
The board has taken a decision to report this matter formally to the PAAB and in
this regard a formal letter with all the necessary documentation was delivered
to the PAAB on 8 March 2006.
8 March 2006
Johannesburg
Designated Advisor
Exchange Sponsors
Date: 08/03/2006 03:45:11 PM Produced by the JSE SENS Department
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