JOHANNESBURG Fri Feb 6, 2015 2:50am EST
JOHANNESBURG Feb 6 (Reuters) - The business rescue plan for the furniture arm of failed South African lender Abil is progressing better than expected and has realised a better cash position than had been earlier hoped, administrators said in a report.
The retailer with debts adding up to around 1.3 billion rand ($115 million) and was forced into business rescue last year, which allows for temporary protection from creditors, as parent African Bank Investments (Abil) crumbled under bad debts.
Anda sedang membaca artikel tentang
S.Africa's Ellerine rescue progressing better than expected - administrator
Dengan url
http://streswajah.blogspot.com/2015/02/safricas-ellerine-rescue-progressing.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
S.Africa's Ellerine rescue progressing better than expected - administrator
namun jangan lupa untuk meletakkan link
S.Africa's Ellerine rescue progressing better than expected - administrator
sebagai sumbernya
0 komentar:
Posting Komentar