Shops for Africa winding-up delayed

Posted On Monday, 22 August 2005 02:00 Published by eProp Commercial News
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The winding-up of listed property group Shops for Africa (SFA) has been delayed as a result of delays in obtaining final income tax assessments and is now expected to be finalised by the end of 2005, when the final liquidation dividend will be paid, the company says.

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Trade in the linked units of Shops for Africa on the JSE was suspended on May 24, 2004, following the company's announcement earlier in the year that it intended to sell its entire property portfolio, voluntarily wind-up and de-list from the JSE. 
 
The group said its JSE listing would be terminated once it had finalised the winding-up.

 

Last modified on Monday, 05 May 2014 19:22

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