PetroSA board discussed business rescue before it was disbanded

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Россия Новости Новости

Parent company CEF dissolves board of broke PetroSA as part of preparations to establish a new national petroleum company

As crisis-struck PetroSA struggled to pay its debt and salaries, its board considered tossing it into bankruptcy protection or liquidation before being dissolved, Business Day has learnt.

In a memorandum circulated to employees this week, PetroSA CEO Pragasen Naidoo, confirmed that parent company the Central Energy Fund resolved to dissolve the board effective on May 24 as part of preparations to pull together its subsidiaries to establish a new national petroleum company...

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Jail time coming here I think

Yohhh!!! The state falling apart

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости