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MASONITE (AFRICA) LIMITED - Result of the application in terms of Section 150(5) of the Companies Act

Release Date: 04/02/2016 13:00
Code(s): MAS     PDF:  
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Result of the application in terms of Section 150(5) of the Companies Act

MASONITE (AFRICA) LIMITED
(“The Company”)
 (Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share code: MAS        ISIN: ZAE000004289
(“Masonite” or “the Company”)

(Under supervision)

RESULT OF THE APPLICATION IN TERMS OF SECTION 150(5) OF THE COMPANIES
ACT 71 OF 2008 FOR AN EXTENSION OF TIME TO PUBLISH THE BUSINESS RESCUE
                                 PLAN

Creditors of the Company voted unanimously in favour of an extension of time within which to
publish the Business Rescue Plan of the Company. The voting was as follows:

1.     Value of claims for the Extension           R38.654.214.02 (59.4% of total creditors)

2.     Value of claims against the Extension       Nil

The Business Rescue Plan must be published on or before the 30th of April 2016.


PIERRE DE VILLIERS BERRANGÉ
SENIOR BUSINESS RESCUE PRACTITIONER
4 February 2016


Sponsor
Nedbank Corporate and Investment Banking

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