Notice is hereby given that the Listing Executive Committee has approved, on 31 March 2011, the listing of 200,000,000 Cell Shares of Cell 1 at USD 0.10 of the following company on the OFFICIAL LIST of the Stock Exchange of Mauritius Ltd:
GO LIFE INTERNATIONAL PCC
Go Life international PCC will be the first company to be listed on the Official Market whose securities will be traded and settled in US Dollars. The date of admission to listing of the Cell shares of the above company is scheduled for 10th June 2011.
Go Life international PCC was incorporated in
The Listing Executive Committee has, pursuant to Listing Rules 6.8 and 2.3(b)(i), decided to waive the requirement of a minimum of three years audited accounts to be reckoned by Go Life International PCC as stipulated under Listing Rule 6.7. The decision of the Listing Executive Committee to waive the above requirement is based on the following premise:
a) that Go Life Health Products Ltd (SA) and its wholly-owned subsidiary, Gotha Health Products CC (South Africa) in which Go Life International PCC will invest, together have a minimum of three years accounts; and
b) that GLI will invest the funds it intends to raise from investors into Go Life Health Products Ltd (SA).
The Listing Executive Committee's decision to waive the above requirement carries the condition that Go Life International PCC will not dispose of its investments in Go Life Health Products Ltd (SA) within a period of two years from the date of such investments by Go Life International PCC in the above company.
1 comment:
could you clear my confusion about the following if possible:
1) is the share price denominated in usd or rs?
2) does the market price account for dollar fluctuations?
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