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Platfields liquidation court case postponed again

7th March 2016

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – JSE-listed Platfields on Monday said a court case, through which it was opposing the liquidation of the company, had again been postponed.

The company was advised in October last year that an order for its provisional liquidation was granted by the Gauteng High Court, with final liquidation on December 14.

However, owing to interest from a potential buyer, from which an offer to subscribe for shares had been received, the company was challenging the liquidation.

A court date that had been set for January 25 had been postponed to February 29, but was once again postponed, with a new date yet to be set.

Meanwhile, Platfields’ trading on the JSE remained suspended, owing to outstanding interim and year-end results.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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