The company has extended Mr Leong's fixed term employment contract to 30 June 2012 while in the process of finding a suitable replacement.
Mpact is pleased to announce the appointment of Noriah Sepuru as company secretary with effect from 1 December 2011, in place of William Somerville who has stepped down as interim company secretary with effect from the same date.
Shareholders are advised that Mpact Limited will be hosting a number of analysts and shareholders for a two-day site visit at Mpact Paper, Corrugated and Plastics in Gauteng and Cape Town today and tomorrow.
The Group is one of the largest South African packaging producers, involved in the manufacture and supply of paper and plastic packaging products.
The Mondi Group interim results for the first six months ended 30 June 2011, which were announced today, included Mpact financial information as a discontinued operation in terms of International Financial Reporting Standards.
Mpact was successfully listed as a public company on the main board of the securities exchange operated by the JSE Limited (â€œJSEâ€) on 11 July 2011.
Subject to the completed demerger of Mpact Ltd (South Africa, non-constituent) from Mondi Ltd (South Africa, constituent) and notification from the Stock Exchange, FTSE and the JSE announces the following changes.
South African packaging business Mpact is pleased to announce that it has successfully listed on the Main Board of the Johannesburg Stock Exchange (JSE) â€“ the companyâ€™s listing code is MPT.