BEG - Beige - Transaction update and renewal of ca
BEG
BEG
BEG - Beige - Transaction update and renewal of cautionary announcement
Beige Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
("Beige" or "the company")
ISIN Code: ZAE000034161 & Share code: BEG
Transaction update and renewal of cautionary announcement
Shareholders are referred to the cautionary announcements dated 19 October
2006 and 28 November 2006 regarding the acquisition by Beige of the entire
issued share capital of Crystal Pack (Pty) Ltd and are advised that the
reciprocal due diligence investigations referred to therein have been
extended by mutual agreement between the parties. Shareholders are
accordingly advised to continue to exercise caution until a full
announcement in this regard is made.
In accordance with AltX Listings Requirements, shareholders are advised of
the risks of investing in a company listed on AltX and are advised that the
JSE does not guarantee the viability or the success of a company listed on
AltX. In terms of JSE Listings Requirements a Designated Adviser has to be
retained by the company. The Designated Adviser is required to, inter
alia, attend all board meetings held by the company to ensure that all JSE
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 an offer to minorities.
Johannesburg
27 December 2006
Designated Advisor
Arcay Moela Sponsors
Date: 27/12/2006 09:58:01 Produced by the JSE SENS Department.
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