South African manufacturer and wholesaler of glass and aluminium products, AGI, has requested the Johannesburg Stock Exchange (JSE) to suspend its shares after being made aware of a possible applicati…
South African manufacturer and wholesaler of glass and aluminium products, AGI, has requested the Johannesburg Stock Exchange (JSE) to suspend its shares after being made aware of a possible application for provisional liquidation. The board was holding a meeting to make a decision on its future. In October, AGI announced that it needed additional funds because of harsh conditions, almost ten months after fighting off a R1bn bankruptcy – but said investors could expect a better 2011.