Group Five’s chair resigns amid business rescue process

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Chair Nonyameko Mandindi and three non-executive directors are leaving the embattled construction company

Group Five, which was put into business rescue earlier in 2019 after lenders pulled the plug on the struggling construction company, says chair Nonyameko Mandindi has resigned along with three other non-executive directors.

“The board wishes to thank Nonyameko, Michael, Edward and Cora for their invaluable contribution to the group since their appointments in July 2017 under challenging circumstances, and takes this opportunity to wish them well for their future,” the company said.

 

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