The DMA (Directorate of Market Abuse) held its 6th meeting at the FSB (Financial Services Board) on 28 August 2007.
Below is a list detailing the current status of insider trading and market manipulation investigations. It should be noted that insider trading and market manipulation investigations are not into the affairs of the companies listed but into trading in shares on the stock exchange.
Possible insider trading cases
|
Security |
JSE Code |
Period |
Case status |
|
1. AfriOre Limited |
AFO |
2006-11 |
Ongoing |
|
2. Amalgamated Appliance Holdings Limited (3) |
AMA |
2007-04 |
Ongoing |
|
3. Arch Equity Limited |
ACH |
2006-02 |
Ongoing |
|
4. Blue Financial Services Limited |
BFS |
2006-10 2006-11 |
Closed |
|
5. Bonantla Property Holdings Limited |
BNT |
2007-01-02 2007-05-17 |
Ongoing |
|
6. Cape Empowerment Trust Limited |
CAE |
2006-10 2006-11 |
Ongoing |
|
7. Consol Limited |
CSL |
2006-11 2006-12 |
Ongoing |
|
8. Gold Fields Limited |
GFI |
2007-03 2007-04 |
Ongoing |
|
9. Italtile Limited |
ITE |
2006-06 2007-04 |
Ongoing |
|
10. Rainbow Chicken Limited |
RBW |
2007-03 |
Ongoing |
|
11. Sallies Limited |
SAL |
2007-03 |
Ongoing |
|
12. Sekunjalo Investments Limited |
SKJ |
2007-04 2007-05 |
Ongoing |
|
13. Set Point Technology Holdings Limited (2) |
STO (2) |
2006-09 |
Referred to the Prosecuting Authorities |
|
14. Steinhoff International Holdings Limited |
SHF |
2004 |
Closed |
|
15. Tiger Brands Limited |
TBS |
2007-04 |
Ongoing |
|
16. York Timber Organisation Limited |
YRK |
2007-03 ‑ 2007-04 |
Ongoing |
Possible market manipulation cases
|
Security |
JSE Code |
Period |
Case status |
|
1. None |
|
|
|
Investigations are "closed" once it becomes evident that no, or insufficient evidence has been obtained to warrant action in terms of the Act.
Possible false or misleading reporting cases
In addition to the above, the DMA has three possible false or misleading reporting matters under investigation.
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