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Imbalie Beauty misled investors, JSE says

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The company, headed by Esna Colyn, has been public censured by the JSE for publishing information that was ‘incorrect and misleading’

Imbalie Beauty, headed by Esna Colyn, has been public censured by the JSE for publishing information that was ‘incorrect and misleading’JOHANNESBURG - AltX-listed Imbalie Beauty, which operates beauty and wellness chains including Dream Nails Beauty salons, has been reprimanded by the JSE for misleading investors.

Imbalie Beauty said on March 1 2018 that the underwriters of its rights offer had taken up their rights and thus fulfilled their underwriting commitment.

 

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