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To: Shack who wrote (63707)1/31/2001 5:01:36 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
well, that was basically the official version: namely, that SA is planning to transition to a tax regime that is orientated along the lines of where a company is incorporated instead of where the bulk of its operations are, and that therefore a main listing of the new stock in NY and TO would deprive South Africa of tax income.

however, i believe there were other, hidden reasons. i suspect that Anglo intervened behind the scenes, as it wants the GOLD assets for itself.