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Steinhoff


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#2741 GutfeelTrader

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Posted 09 September 2021 - 04:03 PM

Judgement Day: So, decision without reasons to be given tomorrow... rolleyes.gif

Judgement on what?


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#2742 Squideye

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Posted 09 September 2021 - 04:01 PM

Judgement Day: So, decision without reasons to be given tomorrow... :rolleyes:


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#2743 DOA123

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Posted 09 September 2021 - 02:22 PM

Anyone have any clue how it's going?

 

Also any clue that we will have a miracle happen and still do the other vote today?


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#2744 Squideye

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Posted 09 September 2021 - 02:15 PM

tough game... :blink:


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#2745 Polla

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Posted 09 September 2021 - 12:07 PM

Been trying to think about why they would delay the vote.

1. Parties want to see what happens with the liquidation proceedings - not sure why this would be the case?
2. One of the voters in the group has changed their mind and wants a tweak to their settlement?

It could also be to try again to get TT to accept settlement and become part of the Contractual Claimants group. 


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#2746 Junz

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Posted 09 September 2021 - 12:02 PM

is running...

is there a link we can view the hearing from ?


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#2747 Squideye

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Posted 09 September 2021 - 11:59 AM

liquidation hearing ?

is running...


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#2748 Junz

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Posted 09 September 2021 - 11:55 AM

Today from 12:00... :rolleyes:

liquidation hearing ?


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#2749 Squideye

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Posted 09 September 2021 - 11:27 AM

What is going on today?

Today from 12:00... :rolleyes:

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#2750 Sleepwa123

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Posted 09 September 2021 - 11:21 AM

Been trying to think about why they would delay the vote.

1. Parties want to see what happens with the liquidation proceedings - not sure why this would be the case?
2. One of the voters in the group has changed their mind and wants a tweak to their settlement?
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#2751 Tiekkie

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Posted 09 September 2021 - 11:20 AM

What is going on today?
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#2752 Sleepwa123

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Posted 09 September 2021 - 10:51 AM

So

Edited by Sleepwa123, 09 September 2021 - 10:51 AM.

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#2753 Peanut_Butter

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Posted 09 September 2021 - 10:37 AM

So

Edited by NOT_MARKUS_JOOSTE, 09 September 2021 - 10:37 AM.

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#2754 Squideye

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Posted 09 September 2021 - 09:58 AM

B) ...

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#2755 DayTraderDad

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Posted 09 September 2021 - 09:40 AM

Miskien is die George Boys in gesprek met LdP en TdK op die Knysna Laggon vismark ... :D


Haha yes, I had the same thought after the positive vote yesterday all claims settle then surely SNH is no longer insolvent!
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#2756 DOA123

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Posted 09 September 2021 - 09:34 AM

I wounder what they actually mean. Will the meeting hapen today, the statement says will resume at a later time and is not saying later date!

Claimants under the s155 Proposal will not resume at 11:00 on Thursday 9 September 2021 but will reconvene at a later time to be communicated

 

As much as I'd like this to be true I don't think it will be the case 


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#2757 Squideye

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Posted 09 September 2021 - 09:18 AM

Miskien is die George Boys in gesprek met LdP en TdK op die Knysna Laggon vismark ... :D


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#2758 DayTraderDad

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Posted 09 September 2021 - 09:03 AM

S155 CONTRACTUAL CREDITORS MEETING[/size]

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group") and Steinhoff International Holdings Proprietary Limited ("SIHPL") provide the following update on the postponed s155 SIHPL Contractual Creditors meeting.[/size]

In accordance with the Order of the Western Cape Division of the High Court of South Africa dated 5 September 2021 under case number 15157/2021, and at the request and on behalf of the Chair of the Meetings, the Company advises that the Meeting of the Contractual Claimants under the s155 Proposal will not resume at 11:00 on Thursday 9 September 2021 but will reconvene at a later time to be communicated.[/size]

The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.[/size]

Stellenbosch, South Africa[/size]
9 September 2021[/size]


I wounder what they actually mean. Will the meeting hapen today, the statement says will resume at a later time and is not saying later date!

Claimants under the s155 Proposal will not resume at 11:00 on Thursday 9 September 2021 but will reconvene at a later time to be communicated
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#2759 DeltaHedge

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Posted 09 September 2021 - 08:35 AM

S155 CONTRACTUAL CREDITORS MEETING

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group") and Steinhoff International Holdings Proprietary Limited ("SIHPL") provide the following update on the postponed s155 SIHPL Contractual Creditors meeting.

In accordance with the Order of the Western Cape Division of the High Court of South Africa dated 5 September 2021 under case number 15157/2021, and at the request and on behalf of the Chair of the Meetings, the Company advises that the Meeting of the Contractual Claimants under the s155 Proposal will not resume at 11:00 on Thursday 9 September 2021 but will reconvene at a later time to be communicated.

The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

Stellenbosch, South Africa
9 September 2021

 

FOK


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#2760 GutfeelTrader

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Posted 09 September 2021 - 08:28 AM

Wiese f###king around again no doubt


I'd rather wait a day or two to iron out everything than get a result that's not favourable... So what have we got to look forward to today... A TT liquidation case :angry:
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