Tongaat shareholders set to receive nothing for their shares
Amended business rescue plan expected to be published by 31 October.
Source: moneyweb.co.za
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Canegrowers drained as Tongaat Hulett's business rescue...
Tongaat Hulett and another sugar mill in business rescue have both defaulted on industry obligations and now the canegrowers are picking up the slack to prevent KwaZulu-Natal’s sugar sector from collapsing.
Source: dailymaverick.co.za
Canegrowers sweating as Tongaat Hulett's business rescu...
Tongaat Hulett and another sugar mill in business rescue have both defaulted on industry obligations and now the canegrowers are picking up the slack to prevent KwaZulu-Natal’s sugar sector from collapsing.
Source: dailymaverick.co.za
Tongaat's former finance head fined R6m, barred as director for a decade
The JSE has imposed a R6 million fine on Tongaat Hulett's former CFO Murray Munro and barred him from directorships for a decade for signing off on allegedly dodgy books, a move he has appealed.
Source: news24.com
JSE censures, fines and 'disqualifies' former Tongaat Hulett CFO Murray Munro
But the exec is challenging the move.
Source: moneyweb.co.za