Go Back Email this Link to a friend


Sah - South African Coal Mining Holdings Limited - Update In Respect Of

Release Date: 25/10/2010 13:22:01      Code(s): SAH
SAH - South African Coal Mining Holdings Limited - Update in respect of         
operations; and further cautionary announcement                                 
South African Coal Mining Holdings Limited                                      
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/009012/06                                              
Share code : SAH ISIN : ZAE000102034                                            
("SACMH" or "the company")                                                      
-    UPDATE IN RESPECT OF OPERATIONS; and                                       
-    FURTHER CAUTIONARY ANNOUNCEMENT                                            
1.   Update re operations                                                       
    Shareholders are referred to the previous update issued on 12 October 2010. 
The Umlabu mine, which was on care and maintenance, has now recommenced     
    with normal operations. As previously reported, the loan obtained from JSW  
    Energy Limited was utilised to assist the company in recommencing           
    operations on the mine.                                                     
2.   Further cautionary announcement                                            
    Although the trading in the company`s shares on the JSE is still suspended, 
    shareholders are advised to continue exercising caution when dealing in the 
    company`s securities until a further announcement is made in respect of the 
offer.                                                                      
3.   CEO position                                                               
    The company expects to announce the appointment of a new Chief Executive    
    Officer during November 2010 after all the board processes have been        
completed.                                                                  
25 October  2010                                                                
Johannesburg                                                                    
Sponsor                                                                         
Exchange Sponsors                                                               
Date: 25/10/2010 13:22:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.