African Global Holdings (AGH), known formerly as Bosasa, has applied for withdrawal of their voluntary liquidation application.
As reported by Sunday World, the AGH board, which is chaired by Gavin Watson, Johannes Gumede, Papa Leshabane, Themba Dikani, Munirah Oliviera and Nomazulu Khumalo, wrote to the South Gauteng High Court in the first week of March.
Read Sars Illicit Economy Unit raids Bosasa head office
Why is African Global Holdings retracting liquidation process?
Their call was for their initial submission of approval to undergo a voluntary liquidation process to be set aside.
Clashes between board and liquidators
It is understood that there have been clashes between the AGH …
Read the full article at: https://www.thesouthafrican.com/african-global-holdings-doubles-back-voluntary-liquidation/