Acorn Holdings Press Statement

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Yesterday morning, it has come to our attention of an unfortunate accident at one of
our construction sites along USIU Road which is under the possession and control
of one of our independent contractors.
Unfortunately, the accident resulted in two fatalities and hospitalization of two
persons. The Police and Directorate of Occupational Health & Safety were
immediately informed.
We take Health and Safety very seriously and require our contractors to follow
very stringent guidelines. We are currently working with the relevant authorities,
including undertaking an exhaustive and independent enquiry to get to the
bottom of what happened. In the meantime, we have instructed the contractor to
close the site to allow investigations into the incident.
We are deeply saddened by this incident and our deepest condolences to the
families that lost their loved ones. We are working with authorities to reach out to
the families to offer our sympathies and support.