RCL’s shocking Sens attack on Albie Cilliers seems to be an unwarranted breach of JSE rules.
Listed companies can’t use the JSE’s stock exchange news service to harangue some or other party that has irked them. Could it be that neither food group RCL nor its financial adviser Rand Merchant Bank is aware of this?
How else to explain the vitriolic Sens statement RCL issued recently, which served little purpose other than to trash shareholder activist Albie Cilliers. RCL, which got legal advice, says the statement in question is “legally compliant”...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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