Loading...
See More

CEO of Austro subsidiary dismissed

Dec 13 2012 15:09 I-Net Bridge

Company Data

enX GROUP LIMITED [JSE:ENX]

Last traded 2
Change 0
% Change 0
Cumulative volume 310
Market cap 0

Last Updated: 28-05-2015 at 10:03. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Austro Group earnings decline

Pay now and pray later?

 

Johannesburg – Austro Group [JSE:ASO] announced on Thursday that Charles Jacobs‚ a director of the group and CEO of a subsidiary of the group‚ Austro Proprietary Limited (Wood)‚ has been dismissed‚ effective immediately‚ following the outcome of a disciplinary inquiry. 

No details were divulged. 

The group said that until further notice‚ Jonathan Orde Freed‚ the managing director of New Way Power Proprietary Limited‚ a subsidiary of Austro and sister company of Wood would continue to manage Wood as he had during the period that Jacobs had been suspended from his duties. 

“The board of directors are confident that Jonathan will ensure the enhanced continuation of the business‚” Austro added.

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Fin24 is talking about Debt

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Who do you have a mobile phone contract with?

Previous results · Suggest a vote

Loading...