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JSE suspends security company

Aug 02 2010 15:16 Marc Hasenfuss

Company Data

Command Holdings Ltd [JSE : CMA]

Last traded R0.27
Change R0.00
% Change 0.00%
Cumulative volume 0
Market cap R35.71m

Last Updated: 25/05/2012 at 19:32. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Johannesburg - The JSE on Monday suspended the listing of security services company Command Holdings [JSE:CMA].

The listing was suspended in morning trade after Command failed to publish its audited annual statements for the year to end-December 2009.

Command published provisional results for the period in late April, but to date has not issued its so-called glossies.

While Command has offered no official explanation for the delayed submission of annual statements, the company in June appointed a new financial director, Cornelis Vermaak.

The suspension comes only days after Command – the only dedicated security services company listed on the JSE - renewed a cautionary notice advising shareholders of unspecified negotiations.

Shares in black economic empowerment investment company Cape Empowerment, which owns a strategic stake in Command, were down 125 to 22c on Monday.

 - Fin24.com

 
 
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