Johannesburg - Jasco Electronics Holdings [JSE:JSC] is at
an advanced stage in its negotiations
regarding the proposed disposal of the Midrand property, it said on Friday.
If successfully concluded, this may have a material effect
on the price of the company's securities and shareholders should therefore
exercise caution when dealing in the company's securities until a full
announcement is made, it said.
At 14:10 on the JSE, Jasco’s share price was up 7 cents, or
4.8%, to 153c.