Beige Holdings to suspend JSE listing
Beige Holdings (BEG)‚ a contract manufacturer and distributor of cosmetics‚ soaps‚ household products‚ toiletries‚ laundry soaps and allied bath and body care products‚ announced on Wednesday that the listing of its preference shares will be suspended on the JSE with effect from the commencement of trade on Wednesday, 19 September 2012.
This decision comes after the Lion Match Company‚ which already holds 94.95% of Beige‚ exercised its provisions to acquire the remaining amount of shares in Beige.
"Final dates and times relating to the termination of the listing of the preference shares on the JSE will be announced in due course‚" Beige said in a JSE Sens announcement on Wednesday.