| IN THE MATTER OF: | THE SECURITIES ACT |
-and-
| IN THE MATTER OF: | Jeanette Cleone Couch, |
NOTICE OF HEARING
TAKE NOTICE that The Manitoba Securities Commission (“Commission”) will hold a public hearing (“Hearing”) at its offices at Room 500 - 400 St. Mary Avenue, Winnipeg, Manitoba on Wednesday, the 9th day of September, 2009 commencing at 9:00 o’clock in the forenoon or so soon thereafter as the Hearing can be held, and from day to day thereafter until the Hearing is concluded, to consider pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”):
1. whether or not it is in the public interest to order, pursuant to section 148 of the Act, that all trading in securities by 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”) cease;
2. whether or not it is in the public interest to order, pursuant to section 19(5) of the Act, that:(a) subsection 19(1) of the Act does not, with respect to such of the trades referred to in that section, apply to COUCH, SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and/or MAPLES;
(b) subsection 19(2) of the Act does not, with respect to such of the securities referred to in that section, apply to COUCH, SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and/or MAPLES;
3. such further and other matters and the making of such further and other orders as the Commission may deem appropriate.
BY REASON OF THE FOLLOWING ALLEGATIONS:
By reason of Orders of the Saskatchewan Financial Services Commission being a Temporary Order dated June 23, 2009 and an Extending Order dated July 7, 2009, to be filed, and such other material as staff counsel may advise and the panel may allow.
AND FURTHER TAKE NOTICE that a person or company attending or submitting evidence at the Hearing may be represented by counsel of its choice.
AND FURTHER TAKE NOTICE that any party to the proceedings may, at the Hearing, call witnesses and submit such evidence relevant to the Hearing as it may wish and, for that purpose, it may obtain from the Director of the Commission at Room 500 – 400 St. Mary Avenue, Winnipeg, Manitoba, a form or forms of summons to compel the attendance of witnesses.
AND FURTHER TAKE NOTICE that upon failure of any party to attend at the time and place aforesaid, the Hearing may proceed in that party’s absence and the Commission may make or give any decision or order as though that party were present.
DATED at Winnipeg, Manitoba this 14th day of August, 2009.
Director, Legal and Enforcement
| TO: | JEANETTE CLEONE COUCH |
| AND TO: | SHIRE INTERNATIONAL REAL ESTATE INVESTMENT LTD. |
| AND TO: | SHIRE ASSET MANAGEMENT LTD. |
| AND TO: | HAWAII FUND |
| AND TO: | MAPLES AND WHITE SANDS INVESTMENT LTD. |