| THE SECURITIES ACT | ) |
Order No. 6004 |
) |
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| Section 148(1) and 19(5) | ) |
September 30, 2009 |
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) SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and MAPLES have consented to the issuance of this Order;
(D) The Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1, THAT, pursuant to section 148(1) of the Act, trading in securities by SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and MAPLES cease until the MSC is provided with satisfactory information to enable it to make a further order.
2. THAT, pursuant to subsection 19(5) of the Act, subsection 19(1) of the Act does not, with respect to such of the trades referred to in that subsection, apply to SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and MAPLES and subsection 19(2) of the Act does not, with respect to such securities referred to in that subsection, apply to SHIRE INTERNATIONAL, SHIRE ASSET, HAWAII FUND, and MAPLES until the MSC is provided with satisfactory information to enable it to make a further order.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement