The Johannesburg Stock Exchange has said it would consider lifting the suspension of Namibian company Trustco as soon as it restates its financials. | News24_Business
The local bourse has now said it will consider lifting the suspension once it sees proof that Trustco has restated its financials.
"If the JSE decides to lift the suspension of Trustco's securities, this decision will be implemented expeditiously, and trading of securities will commence very shortly after the JSE's decision," said Andre Visser, director of issuer regulation at the JSE., the JSE probe of Trustco found that it had incorrectly booked gains of R1.5 billion after Van Rooyen waived two loans he made to the group.
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