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Amogela Mall News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nova withdraws unqualified financial statements due to a few errors

One discrepancy may relate to Nova s cash balance at the end of 28 February 2023.

Free stateSouth africaConnie myburghVan niekerkProperty commissionNova groupFlora centre in gautengNova property groupIntellectual property commissionGroup consolidatedAmogela mallFlora centreCompanies act

The Nova bubble bursts

Auditor claims Sharemax rescue vehicle s assets are overstated by nearly R1.5bn.

Pretoria northSouth africaCharl kocksTheresa parkConnie myburghHarrison whiteDominique haeseWitbank highveldHans klopperMaster of the high courtNova property groupCompanies tribunalProperty commissionFinancial sector conduct authorityAfrican reserve bank sarbNova group

Nova may be a bigger failure than Sharemax

Auditor slaps Nova with an adverse audit opinion.

South africaConnie myburghMatthew osterlohDerek cohenDominique haeseHans klopperMaster of the high courtNova property groupNational prosecuting authorityFlora centreSupreme courtNova debentureProperty commissionIntellectual property commissionAmogela mallEberhardt bertelsmann

Sharemax rescue vehicle makes a U-turn on payments to investors

Nova informs investors it cannot repay debentures within the envisaged 10-year period.

Connie myburghDerek cohenDominique haeseHerman lombaardProperty commissionNova debentureNova property groupFlora centreHigh courtNova debenture creditors action groupAnova investmentsIntellectual property commissionAltmanz scoreAmogela mall

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