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Jasco in property disposal talks

June 22 2012 at 03:28pm

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CorporateBusiness

Jasco Electronics Holdings (JSC) is at an advanced stage in it negotiations regarding the proposed disposal of the Midrand Property, it said on Friday.

If successfully concluded, this may have a material effect on the price of the company's securities and shareholders should therefore exercise caution when dealing in the company's securities until a full announcement is made, it said.

At 2:10 on the JSE, Jasco's share price was up 7 cents, or 4.8%, to 153 cents. - I-Net Bridge


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