Say good­bye

Finweek English Edition - - MARKETPLACE - Editorial@fin­

The JSE wants to delist 10 stocks (Al­liance Min­ing, ACT, Sany­ati, Er­ba­con, Bio­science, Faritec, Pamodzi Gold, Pin­na­cle Point, Sea Kay and Square One So­lu­tions) that are in fi­nal liq­ui­da­tion and while there is a process to fol­low, the delist­ings will likely hap­pen. Share­hold­ers will not lose their rights in terms of the liq­ui­da­tion, but they will be re­quired to li­aise di­rectly with the liq­uida­tors in or­der to re­ceive any pay­ments, and the shares will no longer ap­pear in their bro­ker ac­counts post delist­ing.

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