Fannie Mae, Freddie Mac shares tumble after conservatorship comments
JOHANNESBURG - AECI Limited, a South African chemicals group, has announced the availability of several key financial and compliance documents for the year ended December 31, 2024. The suite of reports includes the integrated report, governance report, remuneration report, sustainability report, audited financial statements, tax transparency report, and the notice of the annual general meeting (AGM). The documents are accessible on the company’s website and through the Johannesburg Stock Exchange (JSE) cloudlink.
In addition to the integrated reporting suite, AECI has also made available its annual compliance report in accordance with the Broad-Based Black Economic Empowerment (B-BBEE) Act. This report can be found on the company’s website in the policies and charters section.
Furthermore, the audited annual financial statements (AFS) for the guarantors to AECI’s ZAR5,000,000,000 Domestic Medium Term Note Programme, specifically AECI Mining Limited, AECI Mauritius Ltd, and Chemical Services Limited, are now available for inspection. These documents can be accessed electronically upon request to AECI Investor Relations.
The auditor’s reports for AECI Mauritius Ltd and Chemical Services Limited are unqualified. However, the AFS of AECI Mining Limited revealed a reportable irregularity involving material non-disclosure and false representation by a director. The issue was reported to the Independent (LON:IOG) Regulatory Board for Auditors and has since been resolved, leading to an unqualified opinion on AECI Mining’s AFS.
The release of these documents provides transparency for shareholders and noteholders, fulfilling the company’s obligations under the JSE Limited Listings Requirements. This announcement is based on a press release statement from AECI Limited.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.