Tongaat Hulett demonstrates commitment to South Africa's sugar industry with a R460 million investment in facility upgrades, ...
Under this transaction, Vision will assume all of Tongaat’s assets with a book value of ZAR5,9 billion (US$330,05 million).
The entry of Tongaat Hulett into business rescue in October 2022 left the industry in a precarious state and caused great uncertainty for the growers who rely on the company’s mills ... owed to the ...
AUSTRALIA: Mackay Sugar has awarded British company Clayton Equipment a contract to supply five diesel-battery hybrid locomotives and radio-controlled brake vans for use on its vast 610 mm gauge rail ...
They said this demonstrates Dalgleish’s belief in the company’s future and its successful exit from business rescue in the not-too-distant future. Trading in Tongaat Hulett’s shares on the ...
The Durban High Court has dismissed an urgent application by RGS to block Tongaat Hulett Limited’s (THL) business rescue plan, keeping the sugar giant’s recovery on track. The ruling ...
On Monday, 4 December 2023, Judge Vahed today delivered his judgment on the Tongaat Hulett application to suspend the miller’s payment obligations arising out of the Sugar Industry Agreement. The ...
An urgent application to interdict Tongaat Hulett’s business rescue plan was dismissed in the Durban High Court yesterday. Brought by Mozambican conglomerate, RGS Group, the application sought ...
The High Court of South Africa in KwaZulu-Natal has dismissed an application brought by investment management company RGS ... plan of distressed sugar producer Tongaat Hulett.
High Court Judgement update and changes to the board TONGAAT HULETT LIMITED (Incorporated in the Republic of South Africa) Registration number: 1892/000610/06 Share code: TON ISIN: ZAE000096541 (the ...
This was after an accounting scandal rocked Tongaat Hulett, with the company tail-spinning into a debt of R8.2 billion, prompting shareholders to adopt an amended business rescue plan, which the ...