Tongaat requests JSE suspension amid shareholder flak
Move comes as sugar producer expects to be unable to release annual report by end-July as it pursues restructuring
15 July 2022 - 09:25
The JSE is considering the suspension of trade in the shares of Tongaat Hulett at the request of the board of the sugar mill giant, which has been criticised by shareholders for poor leadership and lack of transparency.
The debt-laden sugar group said on Friday it does not expect to be in a position to release its annual report by end-July as it pursues restructuring efforts...
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