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MONEYWEB app instead? Why former Tekkie Town owners want Steinhoff liquidated For one thing, the ‘financial creditors’ – a third category of claimants – are set to receive the full face value of their debt. 00:01  Open: The applicants, who exchanged their stake in Tekkie Town for Steinhoff shares worth R1.85bn in 2016, say the proposed settlement offers them no ‘meaningful benefits’. Image: Moneyweb The former owners of retail footwear and apparel company Tekkie Town have lobbed a grenade into Steinhoff’s complex plans to settle a swathe of multi-billion euro claims. In a move that poses a major threat to Steinhoff’s financial creditors and the contractual claimants, former Tekkie Town owners – including founder Braam van Huyssteen and former CEO Bernard Mostert – have filed an urgent application in the Western Cape High Court to have Steinhoff liquidated.

South africaSouth africanBernard mostertMarkus joosteSarah rademaBraam van huyssteenVan huyssteenChristo wieseCape high courtFrankfurt stock exchangeTekkie townWestern cape high courtWednesday steinhoffFormer tekkie townகிறிஸ்டோ விேசெகேப் உயர் நீதிமன்றம்