SAA business rescue practitioners seek extension

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Business rescue practitioners have received permission from lenders and creditors for an extension

have received permission from lenders and creditors for an extension.In a statement, practitioners Siviwe Dongwana and Les Matuson say they're still in the process of finalising steps to implement the proposed restructuring option.

Also, they need to consider the effect the plan will have on stakeholders, including the estimated return to creditors.

 

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