Group Five and Group Five Construction have now received confirmation from the companies and Intellectual Property Commission of the registration of the resolutions placing them into Business Rescue.
This includes the interim appointment of David Lake and Peter van den Steen of Metis Corporate Advisory as business rescue practitioners.
Shareholders are advised that the Company has established dedicated sections of its website to the Business Rescue of each of the Company and G5 Construction.
All documents which the Company and G5 Construction are statutorily required to send to creditors and other affected persons (including the board resolutions, sworn statements and Forms CoR 123.1 (Notice of Commencement of Business Rescue) and CoR 123.2 (Notice of Appointment of Business Rescue Practitioners)) will be uploaded and available for viewing and download on these sections.
Shareholders are therefore recommended to visit these sections regularly to find updates regarding the processes.