Banner
Falorni Tech Glass Melting Technology
Filtraglass

AGI suspended on possible liquidation

South African manufacturer and wholesaler of glass and aluminium products, AGI, has requested the Johannesburg Stock Exchange (JSE) to suspend its shares after being made aware of a possible applicati…

South African manufacturer and wholesaler of glass and aluminium products, AGI, has requested the Johannesburg Stock Exchange (JSE) to suspend its shares after being made aware of a possible application for provisional liquidation. The board was holding a meeting to make a decision on its future. In October, AGI announced that it needed additional funds because of harsh conditions, almost ten months after fighting off a R1bn bankruptcy – but said investors could expect a better 2011.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news