Phumelela – Will Anybody Miss The Name?
At the end of the business rescue process, Phumelela will have no business, no assets and no employees
11th December 2020
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At the end of the business rescue process, Phumelela will have no business, no assets and no employees
The business rescue plan for Phumelela has been approved and its implementation will herald a new dawn for horseracing in South Africa
Maybe MOD owe the SA racing public and stakeholders a simple layman’s explanation of their strategy?
The action by Gold Circle is a sequel to the rejection of their claim to 39% of the shares in Phumelela Gold International Limited
We are wondering why the previous regime are seemingly so delighted? What’s in it for them…?
An update to Phumelela Gaming & Leisure Limited shareholders on Business Rescue and an advice of the withdrawal of their ongoing cautionary announcement has been published on SENS
It’s business as usual as South African horseracing readies to hopefully resume behind closed doors on 1 June
Two notices have been issued to all potential creditors of Phumelela Gaming & Leisure Limited by Business Rescue Specialist John Evans
Did he ever really have a chance? His CV certainly suggests that he had the track record and industry experience to do the job
CEO goes with immediate effect and is first ranking casualty
The Companies act includes as one of its main objectives to provide for the efficient rescue and recovery of financially distressed companies, in a manner that balances the rights and interests of all relevant stakeholders
