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JASCO ELECTRONICS HOLDINGS LIMITED - Continuation of Cautionary Announcement Disposal of M-Tec

Release Date: 25/11/2013 17:00
Code(s): JSC     PDF:  
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Continuation of Cautionary Announcement – Disposal of M-Tec

JASCO ELECTRONICS HOLDINGS LIMITED

Incorporated in the Republic of South Africa

Registration number 1987/003293/06

Share Code: JSC & ISIN: ZAE000003794

("Jasco" or "the Company" or “the Group”)



CONTINUATION OF CAUTIONARY ANNOUNCEMENT – DISPOSAL OF M-TEC



Shareholders are referred to the cautionary announcement published 30 August 2013 and the subsequent renewal

of cautionary announcement published 14 October 2013 and are advised that negotiations are still in progress with

Taihan Electric Wire Co. Limited of Korea, (“Taihan”), the other shareholder in Malesela Taihan Electric Cable

(Proprietary) Limited (“M-TEC”) which, if successfully concluded, may have a material effect on the price of the

Company`s securities.

Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company`s securities

until a full announcement is made.





Johannesburg

25 November 2013





Sponsor

Grindrod Bank Limited


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