
Tongaat Hulett abandons planned R5bn rights offer
[ad_1] The determination by JSE-listed Tongaat Hulett to terminate an underwriting settlement of as much as R2 billion with Magister Investments, for its planned R5 billion rights subject to cut back the corporate’s huge debt, has been welcomed. Analyst and shareholder activist David Woollam has welcomed the Tongaat board’s determination.







