Ayo and PIC settlement 'confidential' for now
But both will have to disclose the terms of the agreement in due course.
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But both will have to disclose the terms of the agreement in due course.
The Public Investment Corporation (PIC) is considering liquidating Iqbal Survé’s Sekunjalo Investment Holdings - as well as court action to freeze the assets of its subsidiary, Ayo Technology Solutions.
More than five years later, the Public Investment Corporation is still trying to recover a R4.3-billion investment in Ayo Technology, alleging due process was not followed and Ayo apparently misrepresented key information. The case began in the Western Cape High Court on Tuesday.
YEREVAN, JULY 2, ARMENPRESS. Armenia hosted American rapper 50 Cent on July 1 at the Hrazdan Stadium within the frames of the Haya Festival.
AYO Technology says the JSE's publication of a censure on Thursday despite an ongoing dispute process has caused it harm and is disappointing given cooperation that has existed so far.