The JSE Securities Exchange and the FTSE announced yesterday that following the suspension of Gilboa Properties, the company would be deleted from the index with effect from tomorrow.
The future of Gilboa Properties, the property investing company seeking to transform itself into a mining player, still hangs in the balance.
Gilboa Properties, the group that is transforming itself into a mining operation, is to submit a written motivation to the JSE Securities Exchange SA to save its listing.
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