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.