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Group Five shares suspended at 89c per share

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Group Five has joined some of its peers in business rescue after lenders pulled the plug on funding with the company adding that it sees a slim chance of any value realisation for its shareholders.

Business Day TV reached out to Group Five and the appointed business rescue practitioners and both parties declined on account of it being early days but in the meantime, Jan van Niekerk, CEO of RECM joins us on the line with some insight into the demise of the company and sector as a whole.
12 Mar 2019 3AM English South Africa Business · Business News

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