Notice to all known creditors (“creditors”) of tongaat hulett limited (in business rescue) (“company”) 1. additional information and update notice in respect of the business rescue proceedings of the company in terms of section (3) of The Tongaat-Hulett Group limited is a major South African company with three internationally competitive businesses, sugar, starch & glucose and aluminium. In addition it has a land development operation. It employs some people, has annual from continuing operations of approximately R billion and capital employed of R billion. TONGAAT HULETT SELLS STARCH DIVISION TO BARLOWORLD FOR R BILLION 28 February Tongaat Hulett Limited confirmed today that it would sell its Starch business to Barloworld Limited for an enterprise value of R billion. The deal will have a significant impact on reducing Tongaat’s debt Tongaat Hulett Limited (Tongaat Hulett) today announced that Industrial Development Corporation of South Africa (IDC) has advanced post commencement finance (PCF) sufficient to fund the Tongaat Hulett businesses’ working capital requirements and off-crop maintenance and capital expenditure. The business rescue practitioners (BRPs) Jobs. Life. About us. Through our sugar operations in Southern Africa, we produce a range of refined carbohydrate products from sugarcane. We have considerable expertise in
Tongaat Hulett: Culture | LinkedIn
After a week of high drama in and out of the courts, the crucial vote by Tongaat Hulett creditors on a business rescue plan has again been postponed, this time until 14 December.. In the process Tongaat Hulett is recruiting and invites recent graduates who are South African citizens to apply for the Engineers-in-Training Programme Closing date: 31 march Application Requirements: BSc, BTech or BEng qualification in Chemical, Mechanical or Electrical Engineering. Note that applicants must be South African 31 January Tongaat Hulett Sugar South Africa (Pty) Limited Notice to Affected Persons Voting Outcome Operational presence. Company websites. Tongaat Hulett Properties. Tongaat Hulett Sugar Date. Headline/Title. 01 Mar Notice to shareholders regarding the monthly report on the status of the business rescue proceedings of the company. 20 Feb Further cautionary announcement. 06 Feb Notice to affected persons of Limited. 31 Jan He previously held the position of Executive Vice President at AngloGold Ashanti and held various senior positions in his career, such as CEO of Air Chefs, Managing Director and
TONGAAT HULETT FACILITATING THE PROVISION OF TRAINING …
Job Type: Full-time. Salary: From R28,58 per hour. Jobs now available in Tongaat, KwaZulu-Natal. Customer Service Representative, Agent, Junior Receptionist and more on [HOST] It gives me great pleasure in my last year as Chairman of Tongaat Hulett, to present my statement to shareholders. It is pleasing to refer to another successful year, with the company delivering outstanding results achieved in the current reporting period and continuing to create value for our shareholders, particularly in the face of the challenges Tongaat Hulett’s operating cash flow (after working capital) was R2, billion ( R3, billion) rural jobs and community development, government and local authorities, unlocking infrastructure investment, and the conversion of cane land to development. being explored to increase sales volumes through customer Despite a slowing world economy and tough domestic trading conditions, the Tongaat-Hulett Group increased headline earnings by 20 percent from ,0 cents to ,4 cents per share. Revenue from continuing operations rose 12 percent to R5,1 billion and operating earnings 14 percent to R million. Total net earnings for the year amounted Tongaat Hulett does not offer jobs in exchange for money. We follow the sound and fair recruitment processes, and any offer of employment would never be contingent on a candidate making any form of payment. Please be aware that if you are approached and offered a position in exchange for money, this is fraudulent