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KM Financial Solutions | UPDATE 1-Scandal-hit Steinhoff to halt dividends to save cash
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UPDATE 1-Scandal-hit Steinhoff to halt dividends to save cash

01 Feb UPDATE 1-Scandal-hit Steinhoff to halt dividends to save cash

Posted at 13:21h in News by
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JOHANNESBURG, Feb 2 (Reuters) – South Africa’s Steinhoff
will suspend dividend payouts until after the end of
June, it said on Friday, as part of efforts to save money and
convince creditors to waive some payments due in coming weeks.

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