IOL Vision Group, the company that won a bid to take over sugar group Tongaat Hulett Limited (THL), which is facing a liquidation hearing next month, has “initiated steps” at THL’s regional subsidiaries, “to preserve security interests over those assets” as THL’s largest creditor with R11 billion debt in THL. In a statement where Vision countered allegations [...] The post Vision Group takes steps to secure Tongaat Hulett assets amidst liquidation proceedings appeared first on NewZimbabwe.com.

Originally published by The Zimbabwe News. Read original article