Border Timbers (Zimbabwe) – Cancellation of Judicial Management

By Published On: March 29th, 2022Categories: Corporate announcement

NOTICE is hereby given that the order of the High Court of Zimbabwe under Case No. HC 35/15 which placed Border Timbers Limited (“the Company”) under Final Judicial Management on 2 March 2016 was cancelled by the High Court of Zimbabwe on 9 March 2022 after the successful turn-around of the Company by the Judicial Manager, Mr. Peter Lewis Bailey.

Pursuant to the cancellation of the Final Judicial Management Order, Mr. Peter Lewis Bailey has been divested of his powers as the Final Judicial Manager of the Company. Management and control of the Company has been returned to the Board of Directors of the Company.

By Order of the Board

M. B. Narotam Transfer Secretaries:
Company Secretary Corpserve Registrars.
28 March 2022.


 

Border Timbers Limited (BRDR.zw)

Share price: 20.00 ZWL cents (0.00 | 0.00% – 11/08/22)

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