Phumelela Gaming & Leisure shares have a market-typical stock price. These top 10 stocks are highly rated in the industry Casinos & Gaming, region South. Erkunden Sie die besten Spots von Phumelela! Profitieren Sie von unseren ✓ Top Reisedeals: Hotels, Attraktionen oder kombinierte Flug- & Hotelangebote. Phumelela Gaming and Leisure Limited hat sich auf die Organisation von Pferdewetten spezialisiert. Der Nettoumsatz teilt sich wie folgt auf die einzelnen.
PHUMELELA GAMING AND LEISURE LIMITEDPhumelela Gaming and Leisure Limited hat sich auf die Organisation von Pferdewetten spezialisiert. Der Nettoumsatz teilt sich wie folgt auf die einzelnen. Phumelela Gaming & Leisure Limited | Follower auf LinkedIn Phumelela is a licensed totalisator and horseracing operator and a leading bookmaker in. Einträge in der Kategorie „Phumelela“. Folgende 3 Einträge sind in dieser Kategorie, von 3 insgesamt. Phumelela. M. Memel (Südafrika). V. Vrede (Südafrika).
Implementation of the Business Rescue Plan is in effect an orderly winding up of the affairs of Phumelela and at the end of the business rescue process, Phumelela will have no business, no assets and no employees.
Prior to and shortly after commencement of business rescue both the financial director and the chief executive officer resigned.
Although an interim financial director has been appointed, these positions will not be permanently filled. Management control of the Company vests with the business rescue practitioner and the board of directors are unable to fulfil their role as envisaged in the JSE Listings Requirements.
Phumelela therefore does not meet certain of the minimum Main Board listing criteria, including, inter alia, the financial requirements pertaining to assets and profitability and the ability of the Issuer to control its assets and affairs or to determine its future.
The Business Rescue Plan records that a future forecast is not included in the Business Rescue Plan as Phumelela will not, once its assets have been sold or realised, trade in the future.
It is not clear at this stage whether, at the end of business rescue, any surplus funds will be available for distribution to shareholders.
The Company will maintain a register of Shareholders who will be advised accordingly via the business rescue status reports issued monthly to affected persons.
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I used to regularly manipulate the share register of Phumelela from information obtained from the Bloomberg Terminal and my finding was 1.
Many trainers no names being mentioned had a vested interest in Phumelela in terms of the qty of shares held. Those trainers were also faced with reduced stakes, shrinking owners which casted significant doubt on their livelihood.
I am starting to think that it could take at least a decade before racing in SA could return to its former glory and we are going to lose Top Jockeys and Trainers in the process.
Word from the ground is that Institution investors big asset managers will not be interested in this entity should it decide to re-list unless we find ourselves in a rip roaring bull market.
Phumelela martyrs have done excellent job destroying this company. Phumelela appeared a great vehicle to take the racing interests to lofty heights.
There was great optimism on the part of many enthusiasts that growth was imminent, including myself, which culminated in share acquisition in the company.
Sadly, what was anticipated, never materialised. We are now witnessing the demise of Phumelela and investment losses, a truly sad event.
Look fwd to a better new year, MOD taking charge of our beloved sport. Albert Falls Greetings — Geez our districts roads are busy.
Cecil is a bit p…….. Thanks David. Wasn't sure what the reason was for all the jockey changes Daniel Snyman.
With only 8 runners in a Grade 1 race, this certainly underlines the status of the QP. There are onl Philip asks about the carryover money- I would like to know where the interest accrued from all the carryovers go, money that is on call until paid out.
Until there are winners that money belongs to the punters and as far as I am concerned that interest should be added on to the carryover pool, I would appreciate a reply to this query and an explanation.
The fact that nothing has been forthcoming seems to me that the powers that be are still trying to fathom out an explanation, your response to my request will be greatly appreciated.
Hilton We can only answer when they provide the answers. Various aspects of this has been put to TAB over many years without adequate responses. Thanks David.
Wasn't sure what the reason was for all the jockey changes Daniel Snyman. With only 8 runners in a Grade 1 race, this certainly underlines the status of the QP.
There are onl Tony Mincione. Arnold Hyde should not be under fire for this at all. His statements are in context to the Jock Ali Takay. David Stephen.
Dylan your facts are correct but your reasoning is not. Marcus dumped Rainbow for Hawwaam , Fourie w View All Comments. Username or Email Address.
Profiles Sprint Digital Latest Results. International Leadership News Official Opinion Previews. BRP continues to implement the business rescue plan, by, inter alia: 2.
This process is ongoing; 2. Distributions to creditors 3. Creditors who have not yet submitted claims against the Company are required to do so.
The following distributions were paid to creditors in December 3. Unsecured Creditors — R1. Creditors have to date been paid the following amounts: 3.
Secured Creditors — R PCF Creditors — RThe new tune titled Phumelela by Miss Pru, features all the artistes on Ambitious Entertainment. roster including Emtee, A-Reece, Fifi Cooper, Amanda Black, Saudi, Sjava & Sindi. 12/27/ · Phumelela Business Rescue Practictioner John Evans has reported in terms of seciction (3)(a) and (b) of the Companies Act 71 of He writes that he refers to his previous status reports issued in respect of the business rescue of the Company. BRP .