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24
Apr 14

TECHNICAL TEAMS SIGN OFF ON IFRS ACCOUNTING OPINION

The technical teams of KPMG and PurePlay Holding (Pty) Ltd (PPH) have completed their tasks on the IFRS International Accounting Opinion on PurePlay Instruments. We will now proceed to issue the Final IFRS Accounting Opinion before the end of April 2014, advised KPMG. The accounting treatment of PurePlay® Instruments will not impede the project in any way and the PPH Technical team in very pleased that KPMG has validated their view that PurePlay® Instrument will not be treated similarly to derivatives, nor will PurePlay® Instruments need to be “marked-to-market”.

Patents and Trade Marks

The Intellectual Property of PurePlay Holdings (Pty) Ltd is protected by world-wide pending Patents.

Trademarks awaiting registration are PurePlay™, Nature’s Vault™, As Good as Gold™ and Sp☼t True Value™.

Contact Details

5 Jan Smuts Avenue,Winston Park
Durban, 3610,South Africa


Tel: +27 31 7670156
Cell: +27 82 4515864
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.