JUST IN: JSE suspends Tongaat Hulett listing

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CAPE TOWN – Troubled sugar producer Tongaat Hulett has had its shares suspended on the JSE as well as the London Stock Exchange, where the company has a secondary listing, it was announced on Monday.

In a statement published on the Stock Exchange News Service (Sens) the company said the board had voluntarily approached the JSE with a request for a suspension of the listing of the company’s securities.

“The JSE has granted this request, and accordingly the listing of the company’s securities on the JSE has been suspended.”

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