BRIEF-Alert Steel says postponed publication of business rescue plan to September

Written By Unknown on Jumat, 08 Agustus 2014 | 16.47

Fri Aug 8, 2014 3:26am EDT

* BRP has been informed of negotiations between liquidators of Alert Steel (PTY) Ltd and Mercantile Bank that could see debt of Mercantile Bank being restructured or extinguished

* BRP received consent from Mercantile Bank, by far largest creditor in holdings, that publication of a business rescue plan for holdings be postponed to 11 September 2014 Source text for Eikon: Further company coverage:


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