Dear ................
NKWE PLATINUM LIMITED (“Company”)
Thank you for your complaint dated 9 December 2014 regarding the independence of directors and conflicts of interest by Jin Jiang Mining Limited and Genorah Resources (Pty)Limited
ASX very much appreciates people who take the time and trouble to bring to its attention potential cases where an ASX listed entity may not be complying with its obligations under the Listing Rules. It is an important source of intelligence that helps us to perform our role of monitoring and enforcing compliance with the Listing Rules.
We wish to advise that the Company being incorporated in Bermuda is subject to Bermudian Law and not the Corporations Act. In regards to voting all ASX listed companies must comply with the voting exclusions in chapter 14 of the listing rules.
Rest assured that we take our obligation to monitor and enforce the Listing Rules very seriously and if we do find that the Company has breached its obligations under the Listing Rules, we will take appropriate action against it.
Yours sincerely,
At least they're now on watch
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