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HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Change In Audit Firm Due To Merger

Release Date: 03/12/2018 10:30
Code(s): HCI     PDF:  
 
Wrap Text
Change In Audit Firm Due To Merger

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
("HCI" or "the company")

CHANGE IN AUDIT FIRM DUE TO MERGER

Shareholders are advised in terms of paragraph 3.78 of the JSE Listings
Requirements that the Company has been informed by its audit firm, Grant
Thornton Johannesburg Partnership (“Grant Thornton”), that there has been a
change in its network firm membership from Grant Thornton to BDO South Africa
Inc. (“BDO”). The change was initiated, following the merger of Grant
Thornton and BDO on 1 December 2018.

Accordingly, the audit firm of the Company is now BDO and the designated
audit partner, Theunis Schoeman, will remain unchanged.

The Audit and Risk Committee of the Company will in due course follow the
process detailed in paragraph 3.84(g)(iii) of the JSE Listings Requirements,
as the Company is deemed to be appointing BDO for the first time. This
process will be completed before the audit firm signs its next audit report.

3 December 2018

Cape Town

Sponsor:
Investec Bank Limited

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