Tongaat shares suspended to ‘protect investors’

Tongaat shares suspended to ‘protect investors’ 1

Hippo Valley and Triangle Estates’ JSE listed parent Tongaat Hulett has requested the suspension of its listing on the Johannesburg Stock Exchange amid an investigation. Tongaat Hulett According to a shareholder notice issued on Monday afternoon, the company’s listing on both the JSE and the London Stock Exchange has been suspended. This decision by the board comes following a delay in the publication of the company’s financial results. Shareholders were advised on May 31, 2019, that the financial results for March 31, 2018, cannot be relied upon and will be…

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