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JSE suspends Simmer and Jack listing

Dec 20 2012 09:37 I-Net Bridge

Company Data

JSE LIMITED [JSE:JSE]

Last traded 98.75
Change -1.35
% Change -0.01
Cumulative volume 362198
Market cap 8.58bn

Last Updated: 20/08/2014 at 03:51. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - The JSE ltd [JSE:JSE] said on Thursday that cash shell Simmers and Jack Mines [JSE:SIM] has failed to enter into an agreement and make an announcement relating to the acquisition of viable assets that satisfy the conditions for listing as set out in Section 4 of the JSE Listings Requirements.

Accordingly‚ the company’s listing has been suspended on the JSE trading system‚ the JSE said.

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