More bad news for Nutritional Holdings after sale of subsidiary is scrapped
Nutritional Holdings' results have been delayed since 2021, due board resignations, including those of CFO, CEO and non-executive directors.
Source: news24.com
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Nutritional Holdings in about-turn as it sells loss-making division
19 May 2021 - 20:24 Katharine Child Picture: 123RF/ERIC LIMON Penny stock Nutritional Holdings has issued its fourth clarification announcement in the past six weeks, backtracking on its public statement that its loss-making dry foods division had been placed in business rescue. The company, valued at R167m, grows cannabis in Lesotho under its Ukusekela division and also owns Nutritional Foods, which sells maize-based foods to schools and prisons and has posted losses for the past seven years. Nutritional Holdings, whose shares were unchanged at 1c on Wednesday, stated on...
Source: businesslive.co.za