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GO LIFE INTERNATIONAL LIMITED - Renewal of Cautionary

Release Date: 04/02/2021 08:15
Code(s): GLI     PDF:  
Wrap Text
Renewal of Cautionary

GO LIFE INTERNATIONAL LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
Primary Listing SEM share code: GOLI.N0000
Secondary Listing JSE share code: GLI ISIN: MU0330N00004
(“the Company” or “Go Life”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the previous renewal of cautionary announcements, the last of which
was dated 28 December 2020. The Company advises that there have been further developments
on the Bon Health Properties. The properties held within Bon Healthcare Properties were disposed
of by the liquidators of the Calitz Trust following the sequestration of the Calitz Trust, which still had
the properties encumbered. This has necessitated the full impairment of the Company’s largest
asset and has resulted in the significant deterioration of the Company’s financial position.

The Company is pursuing legal action in this matter and will look to recover and cancel the shares
issued for this transaction.

Accordingly, Go Life shareholders are advised to exercise caution when dealing in their securities
until a further announcement is made.

Go Life has its primary listing on the Stock Exchange Mauritius and a secondary listing on the ALTx of
the JSE.

This notice is issued pursuant to SEM Listing Rule 11.3 and the Mauritian Securities Act 2005. The Board
of Directors of Go Life accepts full responsibility for the accuracy of the information contained in
this announcement.


For and on behalf of the board
Mauritius
4 February 2021

Executive Directors:                                                         Non-Executive Directors:
Mxolisi Motau                                                                 Mohamed Yusuf Sooklall
Mr Patrick Wysoczanski                                                                 Dr Peter Koll

 JSE Sponsor:
 AcaciaCap Advisors Proprietary Limited

Date: 04-02-2021 08:15:00
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