Murray and Roberts: Change to the Board of Directors

Imagery Source: Wikimedia Commons/Bruce Paulmac
Information Source: JSE SENS
Murray & Roberts
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that the Group received notice on 04 May 2025 that Mr Alex Maditse, the acting chairman of the Company, has resigned from the board of directors of the Group (“the Board”) with effect from 30 April 2025.
The Board wishes to thank Mr Maditse for his valuable contribution since joining the Board on 23 August 2017.
In the context of the Business Rescue of the Group’s primary operating entity, Murray & Roberts Limited (“MRL”), and following the approval of the Business Rescue Plan by the creditors of MRL, the Board resolved that it be recommended to shareholders that a creditors’ voluntary winding-up of the Company using a special resolution of shareholders be pursued.
In these circumstances, the Board currently comprises two executive directors with no further appointments envisaged.
For the full document, click the link below
Murray & Roberts
Stay ahead of the curve! Subscribe to InsidEntity for daily updates on all your favourite companies.