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'.
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.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.
