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Provider: Reuters Investment Profile
Provider: Wright Reports

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Hosken Consolidated Investments Ltd And Seardel Investment Corporation Limited Updates On Sale Of Stake In Sabido Investments Proprietary Limited By HCI To Seardel Investment Corporation Limited

Monday, 20 May 2013 03:00am EDT 

Hosken Consolidated Investments Ltd and Seardel Investment Corporation Limited announced the cancellation of the transaction between HCI and Seardel. Neither HCI nor Seardel were contacted in respect of the press articles which are factually incorrect. The announcement released on SENS was amended and reloaded because of an incorrect flash headline. The transaction set out in the announcement released on SENS on May 17, 2013 and published in the press on May 20, 2013 has not been cancelled or withdrawn and will be implemented subject to the fulfilment of the conditions precedent as set out in the announcement. 

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