Red Tiger
Red Tiger
Aspire Global

Phumelela shares to be delisted as company break-up continues

14th December 2020 9:55 am GMT

South African racing and betting operator Phumelela Gaming and Leisure will see its shares delisted from the Johannesburg Stock Exchange in January after a seven-month suspension.

Trading in Phumelela shares was suspended on 8 May at the request of the company after it filed for bankruptcy protection due to the negative impact of Covid-19 on its already adverse trading conditions.

With the company’s assets now being marketed for sale to pay off creditors, Phumelela said Friday that [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.


Already a subscriber or registered user? Login

Relax Gaming

Featured Jobs

Reporter, Gaming Intelligence
  • Position: Reporter
  • Location: Remote
  • Company: Gaming Intelligence
Multimedia Editor, Gaming Intelligence
  • Position: Multimedia Editor
  • Location: Remote
  • Company: Gaming Intelligence
Editorial Internship, Gaming Intelligence
  • Position: Editorial Internship
  • Location: Remote
  • Company: Gaming Intelligence
Fast Track
Aspire Global