Home » Tongaat creditors postpone SA business rescue plan vote

Tongaat creditors postpone SA business rescue plan vote

0 comments

TONGAAT Hulett South Africa (SA) says a vote on the company’s proposed business rescue plan has been postponed to September, to allow for additional details to be updated. The decision to go into voluntary business rescue came after what the sugar manufacturer termed significant challenges following years of high and increasing debt levels, alleged financial…

Subscribe to read full article. Subscribe today

Related Posts

Advertisements
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More