Nova predicts a bright financial future, but a ratio analysis suggests otherwise
Sharemax, Nova Property Group, Connie Myburgh, Dominique Haese
Source: moneyweb.co.za
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Sharemax, Nova Property Group, Connie Myburgh, Dominique Haese
Sharemax rescue vehicle seems to be facing significant cash flow challenges.
High court orders the repayment of R31.2m to bridging loan provider; judge rules Connie Myburgh had 'ulterior motive up his sleeve'.
Auditor claims Sharemax rescue vehicle's assets are overstated by nearly R1.5bn.
Nova chair acknowledges that Nova did not invite all debenture holders to a critical meeting to elect a new trustee.