BRIEF-Protech Khuthele says discontinuing business rescue proceedings

July 1 Tue Jul 1, 2014 3:31am EDT

* Gavin Gainsford, appointed business rescue practitioner has concluded that there is no reasonable prospects of rescuing Protech

* Applying to court for business rescue proceedings of these companies to be discontinued and for companies to be placed under liquidation

* Gavin Gainsford also concluded that there is no reasonable prospects of rescuing protech khuthele and protech readymix Source text for Eikon: Further company coverage:

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