Zimbabwe: Steelnet in Liquidation

SUSPENDED Zimbabwe Stock-Exchange listed Steelnet Zimbabwe Limited has been placed under provisional liquidation by the High court after attempts to secure fresh capital to recapitalise its three business units failed during judiciary management.

The order for provisional liquidation was granted by Justice Mathonsi on February 6, 2013 with the return date for the final liquidation order set for May 8, 2013.

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