Tongaat wants JSE share suspension to stay until late January
Delay will give shareholders enough time to analyse its numbers, troubled sugar producer says
11 December 2019 - 20:25
The embattled agri-processing and property company Tongaat Hulett, which is mulling a R4bn rights offer to slash its debt pile, has asked the JSE to postpone the lifting of the suspension of its shares to after its six-months trading update in January 2020.
The update for the six months to end-September will provide another glimpse into the company’s financial performance as its shares have been suspended since June...
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