News Formal

Tongaat says business rescue is not faltering as subsidiaries join the process

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The two wholly owned businesses, which rely on Tongaat for support, are in financial distress

Two subsidiaries of sugar giant Tongaat Hulett have entered business rescue, two months after the holding company did the same.

Tongaat Hulett Sugar SA and animal feeds operation Voermol Feeds are wholly owned subsidiaries and have historically relied on Tongaat Hulett for financial and operational support...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Tongaat says business rescue is not faltering as subsidiaries join the processThe two wholly owned businesses, which rely on Tongaat for support, are in financial distress
Bron: BDliveSA - 🏆 12. / 63 Lees verder »

Two Tongaat Hulett subsidiaries enter business rescueLivelihoods of thousands of workers in KwaZulu-Natal are on the line Karma
Bron: BDliveSA - 🏆 12. / 63 Lees verder »

Tongaat says business rescue is not faltering as subsidiaries join the processThe two wholly owned businesses, which rely on Tongaat for support, are in financial distress
Bron: BDliveSA - 🏆 12. / 63 Lees verder »

Two Tongaat Hulett subsidiaries enter business rescueLivelihoods of thousands of workers in KwaZulu-Natal are on the line Karma
Bron: BDliveSA - 🏆 12. / 63 Lees verder »

'I am not ashamed': Noxolo of 'Uzalo' proud of her hotdog businessActress Noxolo Mathula says she was told by her mother to not be embarrassed of doing honest work. She sells hotdogs everywhere.
Bron: TheSAnews - 🏆 25. / 59 Lees verder »

Business rescue practitioners in bid to regain control of R3.4bn of Gupta mine's assets | BusinessThe business rescue practitioners of Optimum Coal Mine have launched a daring bid to wrestle control of R3.4 billion worth of the mine's preserved assets from a curator appointed by the courts. | vercingetorics
Bron: News24 - 🏆 4. / 80 Lees verder »