Go Life left in the dark
Little-known health firm listed in Mauritius and SA misses yet another deadline to produce financial results
By now shareholders in health-care group Go Life must be groping for the tranquillisers.Something appears to be badly wrong with the group, which has been unable to dish up the most basic service of providing shareholders with a clear and up-to-date picture of the company’s finances.Go Life — which has a primary listing on the Stock Exchange of Mauritius (SEM) and a secondary listing on the JSE’s Alternative Exchange (AltX) — last week advised shareholders that it was still not in a position to file its abridged audited annual financial statements by the prescribed reporting deadline.The company said its auditors had not yet finalised their work and had requested additional time to complete the audit.There has been no further explanation of the nature of the reporting delay. The development seems bizarre, as Go Life is a relatively small and simple company that should have no problem completing an audit.Nevertheless, the SEM has again agreed to extend the reporting deadline until th...
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