Sugar producer Tongaat Hulett, which had a negative net asset value of R3bn at the end of March, said on Wednesday that it would only seek to have the suspension of its share on the JSE lifted in 2020.

The company will wait until issuing a trading update for its six months to end-September, given the extent and complexity of remedial actions, internal cost-cutting plans and other restructuring initiatives undertaken by the board and management since the end of March, the company said...

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