JSE agrees to suspend Tongaat Hulett listing amid financial chaos

Board battles to finalise statements due to ‘unreliable’ information


In an unprecedented move, the JSE has agreed to suspend the listing of one-time market favourite Tongaat Hulett for at least five months while its board battles to finalise its 2019 financial statements.

This is the first time the JSE has suspended a listing for reasons other than noncompliance with listing regulations or a pending liquidation...

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