Tongaat Hulett business rescue plan advances with Vision Investment

Tongaat Hulett Limited (JSE:THGL) announced a key milestone in its business rescue plan, as outlined in the Stock Exchange News Service (SENS) announcement released on January 12, 2024. Vision Investments 155 Proprietary Limited has settled the balance of the purchase consideration for the Lender Group Claims. This development directly supports the viability of Tongaat Hulett's operations and the successful implementation of the adopted business rescue plan. Documents regarding the business rescue proceedings are available on the company's website under the "Business Rescue" tab.