The chair and audit committee members have resigned from small cap Nutritional Holdings, it said in an overdue update to the market that suggested the company is close to collapse.

The news of the board collapse comes days after Business Day reported that the JSE was considering terminating Nutritional Holdings’ listing as it had not updated investors about losing its legally required designated sponsor in December and had not appointed one as legally required...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.