The Securities Commission granted Just Kitchen Holdings Inc.’s application to cease being a reporting issuer in Canada. The decision was based on the following key facts: the company’s securities are owned by fewer than 50 persons globally, are not traded on any exchange, and the company is not an OTC reporting issuer. The company became a wholly-owned subsidiary of JF Investment Co Ltd. following a statutory plan of arrangement. Although the company was in default for not filing certain continuous disclosure documents, this default occurred after the completion of the arrangement. The decision was made under the relevant provisions of the Securities Act in British Columbia and Ontario.
