| THE SECURITIES ACT | ) |
Order No. 5991 |
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| Sections 148.4 and 144 | ) |
September 10, 2009 |
Jeanette Cleone Couch,
Shire International Real Estate Investment Ltd.,
Shire Asset Management Ltd., Hawaii Fund, and
Maples and White Sands Investment Ltd.
WHEREAS:
(A) On July 7, 2009, the Saskatchewan Financial Services Commission, Securities Division (“SFSC”) issued an Extending Order (“SFSC Order”) against Jeanette Cleone Couch (“COUCH”), Shire International Real Estate Investment Ltd. (“SHIRE INTERNATIONAL”), Shire Asset Management Ltd. (“SHIRE ASSET”), Hawaii Fund (“HAWAII FUND”), and Maples and White Sands Investment Ltd. (“MAPLES”);
(B) On August 14, 2009, The Manitoba Securities Commission (“MSC”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) whether or not it was in the public interest to grant orders with respect to COUCH, SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and MAPLES;
(C) On September 9, 2009 this matter appeared before a panel of the MSC;
(D) Upon being advised of the respondents SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and MAPLES having retained counsel and upon hearing the submissions of counsel for staff of the MSC including a request for a consent adjournment as this matter pertains to SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and MAPLES, and upon reviewing the Affidavit of Service by e-mail upon the respondent COUCH, no one appearing for COUCH, the MSC is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to subsection 144(1)(c) of the Act, substitutional service of this proceeding upon COUCH be made by e-mail to cleonec@shireinvestments.com.
2. THAT this hearing matter as against all respondents be adjourned to September 30th, 2009 at 9:00 a.m.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement