JSE in talks with Bell Equipment after alleged governance breaches
Minorities are worried Bell’s directors want to sell out to IA Bell on the cheap
24 January 2021 - 16:55
Earth-moving equipment seller Bell Equipment is in talks with the JSE after allegations that it has breached corporate law regulations, the bourse said on Friday.
Bell’s directors have faced criticism from minority shareholders for years over alleged mismanagement of its assets and loss of market share. They have also questioned why the directors own relatively few shares in the company...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.