Oasis Crescent Property Fund - Cautionary Announce
OAS
OAS
Oasis Crescent Property Fund - Cautionary Announcement
OASIS CRESCENT PROPERTY FUND
(Incorporated in the Republic of South Africa)
(Registration number 2003/012266/06)
Share code: OAS ISIN: ZAE000074332
("Oasis" or "the company")
CAUTIONARY ANNOUNCEMENT
Participatory interest holders are advised that Oasis Crescent Property Fund
Managers Limited, the manager of the Oasis Crescent Property Fund, has entered
into negotiations to purchase a substantial property in line with the investment
policy of the Fund. Accordingly, participatory interest holders are advised to
exercise caution when dealing in their participatory interests until a full
announcement is made.
Warning: The listing of participatory interests in the fund is on the ALTX.
Participatory interest holders are advised of the risks of investing in an
entity listed on the ALTX. Participatory interest holders are advised that the
JSE does not guarantee the viability or the success of an entity listed on the
ALTX. In terms of the JSE Listings Requirements a designated advisor has to be
retained by the entity. The designated advisor is required to, inter alia,
attend all board meetings held by the entity to ensure that all JSE Listings
Requirements and applicable regulations are complied with, approve the financial
director of the entity and guide the entity in a competent, professional and
impartial manner. If the entity fails to retain the designated advisor it must
make arrangements to appoint a new designated advisor within 10 business days,
failing which the entity faces suspension of trading of its securities. If a
designated advisor is not appointed within 30 days of its suspension the entity
faces the termination of its listing without an offer to minority participatory
interest holders.
Sandton
11 May 2006
Sponsor
Ernst & Young Sponsors (Pty) Ltd
(Registration number 2000/031843/07)
Date: 11/05/2006 12:36:28 PM Produced by the JSE SENS Department
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