Group Five business rescue plan publication delayed to August 30

27th June 2019

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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The business rescue practitioners for Group Five have received approval from the requisite majority of the company’s creditors to delay the publication date of a business rescue plan for the embattled construction firm to August 30.

The plan had been due to be published on June 28.

The extension was needed as a result of the complexity of the business rescue proceedings.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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