Views Article – Sharenet Wealth

Africa, News

Labat Africa Says Intends To Safeguard Force Fuel, Return It To Profitability

June 22 (Reuters) – Labat Africa Ltd:

* RENEWAL OF CAUTIONARY ANNOUNCEMENT – FORCE FUEL PROPRIETARY LIMITED (“FORCE FUEL”) – BUSINESS RESCUE

* APPOINTMENT OF JOHANNES (JOHN) CHRISTIAAN HENNING AS SENIOR BUSINESS RESCUE PRACTITIONER HAS BEEN APPROVED BY CIPC

* BUSINESS RESCUE PRACTITIONERS HAVE RECEIVED A NUMBER OF APPROACHES TO ACQUIRE BUSINESS

* INTENTION IS TO SAFEGUARD BUSINESS OF FORCE FUEL AND RETURN IT TO PROFITABILITY IN DUE COURSE Source text for Eikon: Further company coverage:


© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.