JSE suspends 4Sight shares for late submission of results

4Sight Holdings Limited, (From Left to Right): Antonie Van Rensburg, Group CEO, 4Sight Holdings Limited; Gary Lauryssen, Group Executive – Merger & Acquisitions, 4Sight Holdings Limited; Jacques Hattingh, Group CFO, 4Sight Holdings Limited; Conal Lewer-Allen, Non-executive director, 4Sight Holdings Limited.
CAPE TOWN – The shares of AltX-listed 4Sight Holdings were suspended on the JSE on Friday for late submission of financial results, in the same week that saw the resignation of four directors and the appointment of seven more.

Joining the board of the Mauritius-based IT firm were Tertius Zitzke (who will act as chief executive); Eric van der Merwe (acting chief financial officer); Marichen Mortimer; Johan Nel; Christopher Crowe; Andrew Murgatroyd and Herman Singh.

The board intended to make Zitzke and Van der Merwe the permanent chief executive and chief financial officer, respectively.

The entirely new and reconstituted board said they had engaged with the JSE and auditors last week regarding the urgent completion of the interim results for the six months to June 30.

“The board expects that the review process will be completed on an expedited basis so as to allow for the publication of the interim results by latest November 30, 2019,” they said.

Source: iol.co.za