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High Court gives Cairns a lifeline

Foods manufacturer Cairns Holdings has been given a nod by the High Court to enter into a scheme of arrangement with its creditors after securing from an unidentified investor to inject $30 million into the troubled business. At the beginning of this year, an official familiar with developments at the firm said that five new
South Africa Reggie Saruchera Andrew Mugandiwa Cairns Holdings Eastern Trading Company Limited Of South Africa Judah Holdings

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