The Applicant has a public interest score of 3 721 based on its annual financial statements for 2016, which public interest score is in excess of 500 points, and the Applicant is therefore required to appoint a Social and Ethics Committee (“an SEC”) unless if the Applicant is exempted from doing so in terms of either of the grounds provided for in Regulation 43 of the Companies Regulations, 2011 (“the Regulations”).
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