RCL Foods, SASA launch court bid to defer Tongaat business rescue plan vote

JSE-listed food manufacturer RCL Foods and sugar industry organisation the South African Sugar Association (SASA) on December 5 launched urgent applications at the Durban High Court to prevent the planned meeting of creditors of troubled agriculture and sugarcane company Tongaat Hulett on December 8. This was revealed by Tongaat’s business rescue practitioners (BRPs) in a notice to affected parties.