SEA KAY HOLDINGS LIMITED - Withdrawal of existing cautionary announcement and new cautionary announcement

Release Date: 31/08/2012 14:55
Code(s): SKY
 
Wrap Text
Withdrawal of existing cautionary announcement and new cautionary announcement

SEA KAY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/004967/06)
JSE code: SKY
ISIN: ZAE0000
(the Company)

WITHDRAWAL OF THE EXISTING CAUTIONARY ANNOUNCEMENT AND 
NEW CAUTIONARY ANNOUNCEMENT

Withdrawal of the existing cautionary announcement:
Shareholders are referred to the announcement dated 18 April 2012, which contained 
details of an agreement to purchase a 360 ha commercial and residential property 
development in Kwa-Zulu Natal.  The conditions precedent relating to that agreement 
have not been fulfilled and accordingly the agreement has been declared null and 
void.  The cautionary announcement in regard thereto is hereby withdrawn.

New cautionary announcement:
Shareholders are advised that discussions are ongoing which may impact the 
continued viability of the Companys business and are advised to exercise caution 
when dealing in the Company's securities until such time as a further announcement 
is made.

Sandton
31 August 2012

Sponsor
Vunani Corporate Finance

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