JSE proceedings to remove The Don Group's listing

Posted On Monday, 14 July 2014 19:13 Published by
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JSE says it has started proceedings to remove The Don Group's listing, as the rental apartments group has 'failed to inject assets into the issuer as required by the cash shell requirements'.

Thabiso Tlelai

The JSE said on Friday it had started proceedings to remove The Don Group's listing‚ as the rental apartments group had "failed to inject assets into the issuer as required by the cash shell requirements".

The group's listing will be removed from the start of business on July 29. Shareholders will remain holders in an unlisted company.

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