KM Financial Solutions | UPDATE 2-South Africa’s Tongaat seeks new chapter with equity raise, debt restructure
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UPDATE 2-South Africa’s Tongaat seeks new chapter with equity raise, debt restructure

UPDATE 2-South Africa’s Tongaat seeks new chapter with equity raise, debt restructure

* Writedowns surge to $802 mln, net asset value plunges
(Recasts with equity raise, adds debt reduction programme)

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