Urgent plans unveiled by KwaZulu-Natal premier to rescue Tongaat Hulett Sugar from liquidation

KwaZulu-Natal Premier Thamsanqa Ntuli has announced plans to save the financially struggling  Tongaat Hulett Sugar from liquidation. Last week, the 134-year-old sugar giant announced that it had filed for liquidation after business rescue plans failed. Speaking to the media during the Cabinet Lekgotla in Durban on Thursday, Ntuli said the company’s matter was on the…

Ssense Founders to Retain Ownership of Business

The Ssense founders have finalized the deal to buy the business out of bankruptcy and restructure its operations, winning out over a group of lenders who had been lobbying for a liquidation. In mid-January, a Canadian court notified Ernst & Young, the business’s monitor, that the bid submitted by the founders, brothers Rami Atallah, Bassel…

Keppel Ltd. Completes Voluntary Liquidation of Third Dragon Holdings Subsidiary – Minichart

Keppel Ltd. Completes Voluntary Liquidation of Subsidiary Key Highlights Keppel Ltd. has completed the member’s voluntary liquidation of its wholly-owned subsidiary, Third Dragon Holdings Pte Ltd. The liquidation process was first announced on 23 May 2025 and has now been finalized as of 19 February 2026. This development is part of Keppel Ltd.’s ongoing efforts…

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