JSE-listed Afristrat 'not in a position' to settle obligations
High court hears application to wind up company in which thousands of shareholders have invested.
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High court hears application to wind up company in which thousands of shareholders have invested.
As disclosed in court papers opposing the provisional liquidation of Afristrat.
HOWEVER PLACES THE COMPANY UNDER JUDICIAL MANAGEMENT AS FORENSIC AUDITS UNEARTH BWP120 MILLION OF INVESTOR FUNDS INAPPROPRIATELY TAKEN OUT OF THE COMPANY BY FORMER MANAGEMENT BETWEEN 2017 AND 2019
Sens announcement for AFRISTRAT INVESTMENT HOLDINGS LIMITED – Business update on Afristrat’s listed note and equity investment in FirstCred Limited Botswana - SENS
After the company failed to submit its annual financial statements on time.