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He said THL’s holdings in Hippo Valley Estates Ltd and Triangle Ltd, were not under business rescue and, therefore, were not directly impacted by the BRP.
He said THL’s holdings in Hippo Valley Estates Ltd and Triangle Ltd, were not under business rescue and, therefore, were not directly impacted by the BRP.
Sugarcane farmers in Zimbabwe’s Lowveld region have expressed concern over the corporate rescue process of Tongaat Hulett South Africa, saying the recent resignations of the company’s directors “is a show of no confidence” in the business rescue plan and its likelihood to succeed which could impact on local operations. The farmers, who deliver nearly half…