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WSL - Wescoal Holdings Limited - Urgent application to set aside application to

Release Date: 20/07/2011 08:32
Code(s): WSL
Wrap Text

WSL - Wescoal Holdings Limited - Urgent application to set aside application to liquidate a subsidiary WESCOAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/006913/06) JSE Share code: WSL ISIN: ZAE000069639 ("Wescoal" or "the Company") URGENT APPLICATION TO SET ASIDE APPLICATION TO LIQUIDATE A SUBSIDIARY Shareholders are referred to the announcement published on SENS on 7 July 2011, relating to a legal dispute with a disgruntled contractor Sutha Civils (Pty) Limited ("Sutha"). Shareholders are advised that Wescoal and Wescoal Mining (Pty) Limited have filed a notice of motion in respect of an urgent application to be made to the North Gauteng High Court on 2 August 2011, to set aside Sutha`s application for the winding up of Wescoal Mining (Pty) Limited. The notice of motion and supporting affidavit are available on Wescoal`s website. www.wescoal.com 20 July 2011 Johannesburg Sponsor Exchange Sponsors Date: 20/07/2011 08:32:01 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.

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