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Posted 29 November 2019 - 05:08 PM
Disappointing from new Board. Also that they haven't stated a release date shows that they have no idea when this will be done and when interim's will be released.
4SI : Conclusion of Subsidary Business Rescue Process and Update on Interim Results Publication:
4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
("4Sight" or "the Company")
ISIN Code: MU0557S00001 JSE Code: 4SI
CONCLUSION OF SUBSIDIARY BUSINESS RESCUE PROCESS AND UPDATE ON INTERIM RESULTS
Shareholders are referred to the announcement published on SENS on 15 October 2019
whereby Foursight Holdings Proprietary Limited ("FH"), the intermediary investment holding
company of some of the South African subsidiaries, had been placed under Business
The Board is pleased to advise that FH has been successfully removed from Business Rescue
and the temporary difficulties have been overcome. The Board remains of the view that (on
a consolidated basis) the FH operating subsidiaries within the 4Sight group are profitable
businesses, which generate large cash reserves.
Shareholders are referred to the announcement published on 31 October 2019 and are
advised that the Company has made substantial progress with the finalisation of the group
interim results and the final review by the auditor is in progress. Thereafter the interim results
will be considered by the newly constituted Audit and Risk Committee and Board. Once
approved and published, the Company will apply to the JSE for the lifting of the suspension
of trade in 4Sight securities.
29 November 2019
Arbor Capital Sponsors Proprietary Limited
Date: 29-11-2019 02:56:00
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.
Posted 25 November 2019 - 05:45 PM
Hopefully new management will deliver what they have promised and release the results this week.
I still cannot understand why this is taking so long. Even with audit, board change etc. .
Expecting a Trading statement tho in the next two days hopefully.
Posted 06 November 2019 - 10:36 PM
Posted 01 November 2019 - 10:01 AM
Posted 01 November 2019 - 09:57 AM
SUSPENSION OF LISTING
The JSE wishes to advise that the above mentioned company has failed to comply with the JSE's Listings
Requirements by not submitting its interim financial statements within the three-month period stipulated
in the Listings Requirements. Accordingly, the listing of this company's securities has been suspended with
Posted 31 October 2019 - 01:01 PM
I think we have come to the turning point. From now on I think the share price will rise.
Strong cash generating subsidiary's, good cash flow, low level of debt is the key to make this company successful.
Board issue have now been solved and the Visulatics issue will also hopefully be resolved in the interim results.
Posted 30 October 2019 - 08:21 AM
Posted 18 October 2019 - 04:26 PM
Posted 18 October 2019 - 11:00 AM
Posted 17 October 2019 - 11:02 PM
Posted 11 October 2019 - 05:55 PM