TCL advises that they will be unable to comply with the requirement to file audited financial statements for the year ended 31 December 2005 within 90 days of the Company’s year -end, pursuant to Rule 210 of the JSE’s Rule Book.
The finalization of TCL’s Consolidated Financial Statements has been setback by delays in the finalization of CCCL’s accounts and the completion of the audit thereon. This is because of problems experienced in the implementation of a new Information Technology system at the Company.
TCL is therefore seeking a waiver of its filing obligation until May 2006.
