Tongaat Hulett delisting puts business rescue under the spotlight
‘It's not even correct to call this a ‘business rescue’.
It's a staged liquidation.
No money has been put in by Vision.
The only hope for shareholders is that at some point they crystallise the loss and get capital gains relief on it’ – Dave Woollam, independent analyst.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.moneyweb.co.za — the content belongs to Moneyweb.
