4SIGHT HOLDINGS LIMITED - Conclusion of Subsidary Business Rescue Process and Update on Interim Results Publication

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
PUBLICATION


BUSINESS RESCUE

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
Rescue.

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.

INTERIM RESULTS

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.


Mauritius
29 November 2019

Designated Advisor
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.