South African engineering and construction firm, Murray & Roberts says it will not oppose liquidation proceedings initiated by a creditor, seeking final winding up of the business.
The group advised shareholders on Friday (15 August) that a creditor of Murray & Roberts instituted liquidation proceedings out of the Gauteng Division of the High Court of South Africa.
The creditor is seeking an order for the final, alternatively provisional, winding up of the company. It said it would not oppose the order.
“Given the company’s…
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USA: You have two cows. You outsource a farm to milk them and sell the milk to those who can afford it. You then use the profit to buy someone else\’s cow for your butcher to make steak with.
Lucky Brandy
Sudan: You have two cows. The southern one ran away because it contains more beef.