SA’s largest sugar producer, Tongaat Hulett, has received an undisclosed sum from the Industrial Development Corporation (IDC) to help it complete its milling season and do maintenance. Tongaat was place …
TONGAAT HULETT
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BusinessFinance & ServicesManufacturingSouth Africa
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Debt-laden sugar and property group Tongaat Hulett has had its shares suspended from trading on the JSE for the second time in three years. The embattled KZN-based company confirmed the …
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Tongaat Hulett has approached the JSE for a temporary suspension of its listing, saying it will not be able to publish its financials on time, again. The company’s share price …
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Tongaat Hulett Shares in debt-laden surged by 17.78% on Tuesday following an announcement that Artemis Investments, which is controlled by shareholder activists, had increased its shareholding in the JSE-listed sugar …
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The decision by JSE-listed Tongaat Hulett to terminate an underwriting agreement of up to R2 billion with Magister Investments, for its planned R5 billion rights issue to reduce the company’s …
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Sugar producer Tongaat Hulett says its annual results for the year ended March 2022, will be delayed. The embattled group has been grappling with a R6.8 billion debt pile, leading …