Alert Steel says business rescue practitioner lodges claim on behalf of co

5 January 2016

Currently a section 417 enquiry taking place in Alert Steel (Pty) Limited (in liquidation)

Business rescue practitioner of company has lodged a claim on behalf of holdings in Alert Steel (Pty) Ltd for over 120 million rand

Outcome may effect certain security claims, where holdings may share in any concurrent dividend that flows from liquidation of alert steel Source text for Eikon

 

reuters.com