enX Group appoints Deloitte as external auditors

deloitte

enX Group said it has appointed Deloitte as its external auditors.

A statement released by the company said shareholders are advised that enX has appointed Deloitte & Touche as external auditors, with Mr S Carter as designated audit partner, for the ensuing 2017 financial year, effective 20 February 2017.

enX Group did not disclose how long its contract with Deloitte will last.

Prior to the appointment of Deloitte, Grant Thornton was the external auditing firm for Enx Group the last 11 years.

The company also announced that with effect from 1 March 2017, Mrs L Moller will be appointed as the company secretary of enX. CIS Company Secretaries Proprietary Limited will resign on 28 February 2017.

About Enx Group
enX Group Limited, formerly Austro Group Limited, has been listed in the JSE’s “Industrial Engineering” sector, “Industrial Machinery” sub-sector since 2007. Austro’s name originated from the woodworking machinery business, Austro Proprietary Limited, its sole asset at the time of listing in 2007. The group subsequently acquired the power businesses and has recently acquired an oil lubricant business which represents Mobil and ENI in sub-Saharan Africa.

Following these major changes in the composition of the group, the board elected to change the name of the group to better reflect the group’s new composition and the direction in which it is heading. The name enX is an acronym for Energy Exchange and it highlights the board’s intention to refocus enX as an energy and industrial supplies company servicing sub-Saharan Africa.