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Sanyati Holdings Ltd - Delay in publishing of the business rescue plan for Sanyati

Release Date: 11/07/2012 11:30
Code(s): SAN
Wrap Text
Sanyati Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1988/002538/06
Share code: SAN
ISIN code: ZAE000081055
(Sanyati or the Company)

Delay in publishing of the business rescue plan for Sanyati
Sanyati shareholders (Shareholders) were informed in a SENS announcement on Tuesday, 10 July 2012 that Mr Trevor Murgatroyd, the appointed business rescue practitioner to both Sanyati and Sanyati Civil Engineering and Construction Proprietary Limited (SCE&C), had submitted a founding affidavit in the South Gauteng High Court on 09 July 2012 to effect the termination of the business rescue proceedings in respect of SCE&C and apply for the liquidation of SCE&C.
Shareholders are advised that Sanyati will remain under business rescue proceedings for the time being. However, in light of the developments detailed above, the original envisaged date of publication of the business rescue plan of Wednesday, 11 July 2012 will be delayed to Wednesday, 18 July 2012. Bryanston 11 July 2012 Sponsor KPMG Services (Pty) Ltd
Date: 11/07/2012 11:30:00 Supplied by 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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