News Formal

Court dismisses Toto Investment Holdings’ application to halt SAA sale | The Citizen

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The Western Cape High Court has dismissed with costs an application by Pretoria-based firm, Toto Investment Holdings, to halt the sale of shares of South African Airways (SAA) to Takatso Consortium.🧑‍⚖️ southafricanairways

The Department of Public Enterprises has welcomed the Western Cape High Court judgement against Pretoria based firm, Toto investments Holdings in which it applied to interdict the implementation of partnering with South African Airways .

Toto had approached the court in a bid to force Public Enterprises Minister Pravin Gordhan and the department of public enterprises to make records of the sale public and to also interdict the sale of the shares. “This means that confidential information related to the transaction cannot be disclosed for public consumption and only non-confidential records may be shared with the public.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 6. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Investment guru warns donors to be cautious when choosing an NGO | The CitizenIt is critical to fully research not only the worthiness but also the viability of an NGO, especially in the wake that some are not
Fonte: TheCitizen_News - 🏆 6. / 75 Consulte Mais informação »