Aveng, once SA’s largest construction firm, on Wednesday announced the sale of another business as part of its strategy to dispose of noncore assets in order to stay afloat and strengthen its financial position in a depressed market.  

The company, which has lost about 99.95% of its value in the past 11 years, has sold Aveng Duraset, a supplier of engineered support solutions to the mining and geotechnical industries for about R50m to Videx Wire Products. 

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