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The latest from Investigations.

Another slap in the face for Nova investors

26 Sep 2023 /  Ryk van Niekerk
Property group breaches Companies Act by again failing to publish its annual financial statements within six months.

Two offers for 70% of ‘tombstone’ mall

29 Aug 2023 /  Roy Cokayne
Negotiations are taking place with the BRP of building contractor GD Irons Construction.

Creditors vote on the way forward for ‘tombstone’ mall

11 Aug 2023 /  Roy Cokayne
But Nova chair threatens to interdict any attempt to implement the decision.

Fate of ‘tombstone’ mall about to become clearer

8 Aug 2023 /  Roy Cokayne
Affected persons set to vote on business rescue plan for company that owns 70% of The Villa on Tuesday.

Liquidation applications against 12 Nova companies halted

24 Jul 2023 /  Roy Cokayne
Settlement agreement on payment of R12.34m debt made an order of court.

Proposed sale or auction of ‘tombstone mall’ thrown into disarray

21 Jul 2023 /  Roy Cokayne
CIPC says disposing of any immovable properties under Nova's control is expressly prohibited.

‘Tombstone’ mall woes continue

11 Jul 2023 /  Roy Cokayne
Applications to liquidate Nova companies of ‘great concern’ to BRP of the majority owner of The Villa; says rescue plan may have to be amended.

12 Nova companies face winding up applications

30 Jun 2023 /  Roy Cokayne
Quatro Group claims it is owed R13.8m for security and cleaning services provided to shopping malls owned by the rescue vehicle of the Sharemax property syndication.

Afristrat to face liquidation music

12 Jun 2023 /  Roy Cokayne
High court hears application to wind up company in which thousands of shareholders have invested.

Investors cry foul, seek liquidation of Georgiou-linked Zephan

12 Jun 2023 /  Ryk van Niekerk
Former HS investors claim the business rescue process aims to dodge fraud investigation.

Another Nova blow

26 May 2023 /  Ryk van Niekerk
High court orders the repayment of R31.2m to bridging loan provider; judge rules Connie Myburgh had 'ulterior motive up his sleeve'.

Nova-controlled company wants to buy the ‘tombstone’ mall

8 May 2023 /  Roy Cokayne
Envisages completing the derelict half-built Villa Retail Park if its offer succeeds.

Orthotouch and Zephan: War of words before investors’ vote

20 Mar 2023 /  Ryk van Niekerk
Several parties accuse each other of pushing hidden agendas.

Nobody would give away an expensive piano

20 Mar 2023 /  Adriaan Kruger
FSCA warns against crooks asking for advance-fee payments.

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