JSE: 16,805 +505 (+3.10%)
South Africa's bourse operator JSE in talks with Steinhoff over investigation
JOHANNESBURG, Dec 6 (Reuters) - South African bourse
operator, JSE Ltd, is in talks with Steinhoff to get
answers on an investigation into possible accounting
irregularities, JSE's director of issuer regulation John Burke
told Reuters on Wednesday.
Shares in Steinhoff lost more than half their value on
Wednesday after the furniture retailer said it would launch an
investigation into accounting irregularities, its chief
executive resigned and it postponed full-year results.
(Reporting by Tiisetso Motsoeneng; Editing by James Macharia)
First Published: 2017-12-06 11:15:15
Updated 2017-12-06 11:25:06
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