The JSE opened marginally higher on Monday as Steinhoff and EOH reassured the market that everything possible was being done to stabilise both companies after sharp setbacks last week.Steinhoff jumped 16% at the opening before retreating again in volatile trade. The group said in a statement that it was focused on safeguarding operational liquidity to continue funding existing operations throughout its subsidiaries. "In this context, the group is asking for and requires continued support in relation to existing facilities from all its lenders to achieve an immediate stabilisation of the group’s financing," Steinhoff said.A meeting with banking creditors that was set for Monday was moved to December 19.Steinhoff plummeted 89.25% last week.EOH pledged to act against any identified wrongdoing or misconduct involving any individual or entity. It has appointed Edward Nathan Sonnenbergs to conduct a full fact-finding review of three companies fingered in reports for alleged illegal share ...

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