Stay updated with breaking news from Flender Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Vision Investments, which is in the process of buying troubled sugar maker Tongaat Hulett, has opened a fraud case against losing bidder RGS of having submitted a forged bank letter claiming it had R2bn to buy the company.
Media Unique high-strength and cost-saving materials - The ETG and HSX family ...
The IDC has provided R2.3 billion in post-commencement funding to Tongaat but its security for this facility has been partially depleted.
Mozambican group RGS has pulled out of the race to acquire sugar group Tongaat Hulett.
RGS Group Holdings alleges business rescue practitioners acted against the interests of the insolvent sugar giant and its creditors by frustrating RGS’s efforts to make an offer. Now they are heading to court to enforce the tabling of their bid.